91Ó°ÊÓ

Each car’s price is reduced by $10\%$ instead of a $\$500$

Every car’s price gets reduced by $10\%$

$90$Instead of the prior price of $100$percent, the new price is 90 percent (or $0.90$). As a result, each price must be multiplied by $0.90$When every value in the data is multiplied by $0.90$, the structure of the distribution remains unchanged since the associations between each data pair remain unchanged. As a result, the new price's distribution shape is identical to the previous price's distribution shape.

As a result, the new price is $90$ percent (or $0.90$) lower than the prior price of $100$ percent. As a result, each price must be multiplied by $0.90$ The Median is a measure of the center, as we all know. When every value in the data is multiplied by $0.90$ the distribution's center is multiplied by $0.90$ as well. As a result, the Median is also multiplied by $0.90$ We can also state that the median has been reduced by $10\%$

$0.90$As a result, the new price is $90$percent (or $0.90$) lower than the prior price of $100$percent. As a result, each price must be multiplied by $0.90$The interquartile range is a measure of variability, as we all know. When every value in the data is multiplied by $0.90$ the distribution's variability is multiplied by $0.90$as well. As a result, the interquartile range is multiplied by $0.90$

We can also argue that the interquartile range (IQR) has shrunk by $10\%$