Sandy James thinks that housing prices have stabilized in the past few months. To convince her boss,

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Sandy James thinks that housing prices have stabilized in the past few months. To convince her boss, she intends to compare current prices with last year's prices. She collects 12 housing prices from the want ads:

She then calculates the mean and standard deviation of the prices she has found. What are these two summary values?

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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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Question Posted: Dec 05, 2015 02:45 AM

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Sandy James thinks that housing prices have stabilized in the past few months. To convince her boss,

Question:

125,900 253,000 207,500 146,950 121,450 135.450 175,000 200,000 210,950 166,700 185,000 191,950

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Descriptive Statistics Variable N Mean Median St...View the full answer

Business Forecasting

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