Refer to the North Valley Real Estate data and prepare a report on the sales prices of
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Refer to the North Valley Real Estate data and prepare a report on the sales prices of the homes. Be sure to answer the following questions in your report.
a. Around what values of price do the data tend to cluster? What is the mean sales price? What is the median sales price? Is one measure more representative of the typical sales prices than the others?
b. What is the range of sales prices? What is the standard deviation? About 95% of the sales prices are between what two values? Is the standard deviation a useful statistic for describing the dispersion of sales price?
c. Repeat (a) and (b) using FICO score.
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Related Book For
Basic Statistics For Business And Economics
ISBN: 9781260187502
9th Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen
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