Mathematics, 17.12.2021 06:40, jesser9

50 credit card holders are randomly selected and the amounts they currently owe are recorded. The researchers then find the mean and median. The largest data value (550,000) in the set is then replaced with $1,000,000 and the statistics are
calculated again.
A) What type and how much of an effect will this change have on the mean?
B) What type and how much of an effect will this change have on the median?
I

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50 credit card holders are randomly selected and the amounts they currently owe are recorded. The re...