According to the U.S. Census Bureau (census.gov), in 2018, the median sales price of new houses was
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According to the U.S. Census Bureau (census.gov), in 2018, the median sales price of new houses was $326,200, and the mean sales price was $384,600.
a. Interpret the median sales price.
b. Interpret the mean sales price.
c. Discuss the shape of the distribution of the price of new houses.
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a b c Half of the new houses were ...View the full answer
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Related Book For
Statistics For Managers Using Microsoft Excel
ISBN: 9780135969854
9th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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