The mean and standard deviation of six observations are 8 and 4, respectively. If each observation is multiplied by 3, find the new mean and new standard deviation of the resulting observations.

Explanation

To solve the problem, we need to find the new mean and new standard deviation after multiplying each observation by 3.

### Step 1: Find the new mean
The mean (average) of a set of observations is calculated as:

\[ \text{Mean} = \frac{\Sigma x_i}{n} \]
...