Question 1: A cryptocurrency is a digital form of payment that can be used to buy goods and services. There are over 10,000 different cryptocurrencies traded publicly. The price (in dollars) for a...

Extracted text: Question 1: A cryptocurrency is a digital form of payment that can be used to buy goods and services. There are over 10,000 different cryptocurrencies traded publicly. The price (in dollars) for a random sample of the ten cryptocurrencies priced under $20 is given below: 6.05 7.24 1.60 19.95 4.41 8.04 1.00 0.24 6.75 2.10 a) Identify the variable. b) Identify the experimental unit. c) Find the five-number summary (min, Q1, median, Q3, max) for the data. d) Is the cryptocurrency priced at $19.95 an outlier? Use an appropriate numerical measure to support your decision. e) Suppose the cryptocurrency with a price of $0.24 increases to $1.00 (all other prices stay the same). Which of the following statistics will remain unchanged? O Min O Q1 O mode O median O Q3 O range O mean O variance O max O IQR