Used cars, cheap! A used-car salesman has 28 cars in his inventory, with prices ranging from $11,500 to $25,000. For a Labor Day sale, he reduces the price of each car by $500. What effect will this reduction have on each of the follow- ing characteristics of the resulting distribution of price? (a) Shape (b) Mean and median (c) Standard deviation and interquartile range (IQR)
