The monthly rents for the apartments in a building are listed below. $425, $550, $550, $550, $650, $650, $650, $650, $800, $900
Part B: The apartment manager considers raising the rent for every apartment by $50. Find the mean, median, mode, range, and standard deviation of the rents after they are raised by $50. Explain your reasoning.
1 answer
The mean, median, mode are shifted by $50, while the range does not change, from the values of part 1. This is just a shift of origin, and the properties of the given parameters are as such.
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