QuestionA wireless phone store has several smart phone models and sells them at various prices. The table shows some summary statistics for the prices of the smart phones it sells. \begin{tabular}{|c|c|c|c|c|c|c|} \hline Minimum & $Q_{1}$ & Median & $Q_{3}$ & Maximum & Mean & \begin{tabular}{c} Standard \\ Deviation \end{tabular} \\ \hline 150 & 180 & 200 & 240 & 600 & 235 & 180 \\ \hline \end{tabular}
The cheapest smart phone priced at $\$ 150$ goes on sale for $\$ 75$. Describe how this new price will affect the following values:
Range increases $\square$ IQR $\square$ Select an answer
Median $\square$ Mean Select an answer $\square$ Standard Deviation $\square$ Add Work