Refer to the Real Estate data, which reports information on homes sold in the Goodyear, Arizona, are
Question:
a. Around what values do the data tend to cluster? What is the mean selling price? What is the median selling price? Is one measure more representative of the typical selling prices than the others?
b. What is the range of selling prices? What is the standard deviation? About 95% of the selling prices are between what two values?
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a The distribution is symmetric about 220000 with a mean selling price ...View the full answer
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Related Book For 
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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