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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

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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 ($50,000) in the set is then replaced with $1,000,000 and the statistics are calculated again. a) What effect will this change have on the mean? Explain your reasoning. b) What effect will this change have on the median? Explain your reasoning

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