A real estate broker studied apartment prices. The highest-priced apartments increased in value while the rest of the prices remained the same. How should he expect the statistics to change?
A. All of the statistics would change
B.
The median and interquartile range would change; the mean and standard deviation would not change
C.
The mean and standard deviation would change; the median and interquartile range would not change
D.
None of the statistics would change
2.
If the probability of an event changes after another event has already occurred, the events are:
A.
Mutually exclusive events
B.
Statistically independent events
C.
Statistically related events
D.
Joint events
A real estate broker studied apartment prices. The highest-priced apartments increased in value while the rest...
A real estate broker studied apartment prices. The highest-priced apartments increased in value while the rest of the prices remained the same. How should he expect the statistics to change? A. The mean and standard deviation would change; the median and interquartile range would not change B. All of the statistics would change C. None of the statistics would change D. The median and interquartile range would change; the mean and standard deviation would not change