(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...


(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?



May 04, 2022
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