Question

(a) The following table summarizes the prices of a collection of used cars. What are the comparable summary statistics when measured in euros?
Fill in the column for the prices in euros if the exchange rate is $1.20 per euro.
(b) If the price of each car were increased by $500, how would the summary statistics given in dollars change?
(c) If we were to include a very expensive BMW that sells for $125,000 to the collection considered in this exercise, how would the median and interquartile range change?


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  • CreatedJuly 14, 2015
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