Mean & Standard Deviation

1) If we multiply each element of a set by a common factor/ (or increase/decrease each element by fixed %) / ( increase/decrease each element by the same amount then):

New Mean or New SD = Old Mean or Old SD * common factor.

New Mean or New SD = Old Mean or old SD * (1+% increase/decrease)

New Mean or New SD = Old Mean or Old SD + increase/decrease in amount.