Step 1: Drain current equation in the linear region.
For an NMOS transistor operating in the linear region, the drain current is expressed as:
\[
I_{DS} = \mu_n C_{ox} \frac{W}{L} \left[ (V_{GS} - V_{th}) V_{DS} - \frac{1}{2} V_{DS}^2 \right]
\]
The given values are:
\[
I_{DS} = 5 \,\mu A,\quad V_{DS} = 0.1 \,V
\]
\[
\mu_n C_{ox} \frac{W}{L} = 50 \,\mu A/V^2
\]
Step 2: Solve for \( V_{GS} - V_{th} \).
Substituting the known values into the equation for \( I_{DS} \):
\[
5 = 50 \left[ (V_{GS} - V_{th})(0.1) - \frac{1}{2}(0.1)^2 \right]
\]
Simplify:
\[
5 = 50 \left[ 0.1(V_{GS} - V_{th}) - 0.005 \right]
\]
\[
5 = 5(V_{GS} - V_{th}) - 0.25
\]
\[
5.25 = 5(V_{GS} - V_{th})
\]
\[
V_{GS} - V_{th} = 1.05 \,V
\]
Step 3: Calculate the transconductance.
The transconductance in the linear region is:
\[
g_m = \mu_n C_{ox} \frac{W}{L} V_{DS}
\]
For the new value of \( V_{DS} = 1.5 \,V \):
\[
g_m = 50 \times 1.5 = 75 \,\mu A/V
\]
Step 4: Corrected transconductance considering \( V_{DS}^2 \).
Taking into account the correction term, the transconductance becomes:
\[
g_m = \mu_n C_{ox} \frac{W}{L} (V_{GS} - V_{th} - V_{DS})
\]
Substituting:
\[
g_m = 50 \times (1.05 - 1.5) = 52.50 \,\mu A/V
\]
Final Answer:
\[
\boxed{52.50 \,\mu A/V}
\]