At a particular company, every employee receives a 4% cost-of-living increase to their salary.

What impact does this cost-of-living increase have on the mean and on the range of employee salaries at the company?

At a particular company, every employee receives a 4% cost-of-living increase to their salary.

What impact does this cost-of-living increase have on the mean and on the range of employee salaries at the company?

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**There will be 4% increase for mean and range.**

For example:

$100 $200 $300 $400

mean is $250

range is $300

$104 $208 $312 $416

mean is $260 = $250 + $10

↑

* $250*4% *

range is $312 = $300 + $12

↑

* $300*4%*

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