Home price index. Standard and Poor’s Case-Shiller®

Home Price Index measures the residential housing market in 20 metropolitan regions across the United States. The national index is a composite of the 20 regions and can be found in the data set provided.

a) Create a histogram of the data and describe the distribution.

b) Create a time series plot of the data and describe the trend.

c) Which graphical display seems the more appropriate for these data? Explain.