QUESTION 1 (3 points)
A car dealership has 30 cars for sale. The least expensive car is $7,999 and the most expensive car is
$21,499. A car priced at $33,499 is added to the inventory.
a. How will the mean price of the cars change? Will it increase, decrease, or cannot be
determined? Explain your answer thoroughly.
b. How will the median price of the cars change? Will it increase, decrease, or cannot be
determined? Explain your answer thoroughly.
C. How will the mode price of the cars change? Will it increase, decrease, or cannot be
determined? Explain your answer thoroughly.