Question:
10. The following data are the median prices for single-family homes in a variety of American cities for the years 1992 and 1994.
(a) Represent the 1992 data in a histogram.
(b) Represent the 1994 data in a stem and leaf plot.
(c) Find the sample median of these median prices for 1992.
(d) Find the sample median of these median prices for 1994.
Transcribed Image Text:
Median Price of Existing Single-Family Homes City Apr. 1992 Apr. 1994 Akron, OH $75,500 $81,600 Albuquerque, NM 86,700 103,100 Anaheim/Santa Ana, CA 235,100 209,500 Atlanta, GA 85,800 93,200 Baltimore, MD 111.500 115,700 Baton Rouge, LA 71,800 78,400 Birmingham, AL 89.500 99.500 Boston, MA 168,200 170,600 Bradenton, FL 80,400 86,400 Buffalo, NY 79,700 82,400 Charleston, SC 82,000 91,300 Chicago, IL. 131,100 135,500 Cincinnati, OH 87,500 93,600 Cleveland, OH 88,100 94,200 Columbia, SC 85,100 82.900 Columbus, OH 90,300 92,800 Corpus Christi, TX 62.500 71,700 Dallas, TX 90,500 95,100 Daytona Beach, FL 63,600 66,200 Denver, CO 91,300 111,200 Des Moines, IA 71,200 77,400 Detroit, MI 77,500 84,500 El Paso, TX 65.900 73,600 Grand Rapids, MI 73,000 76,600 Hartford, CT 141,500 132,900 Honolulu, HI 342,000 355,000 Houston, TX 78,200 84,800 Indianapolis, IN 80,100 90,500 Jacksonville, FL 75,100 79,700 Kansas City, MO 76,100 84,900 Knoxville, TN 78,300 88,600 Las Vegas, NV 101,400 110,400 Los Angeles, CA 218,000 188,500 Source: Nacional Association of Realers: Dasa as of midyear 1994.