Question
A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that
A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of $183 comma 100
183,100, with a standard deviation of $ 74 comma 761
$74,761. The mean living area is 1919
1919 sqft, with a standard deviation of 630
630 sq ft. Which is moreunusual, a house in that market that sells for $380 comma 000
380,000 or a house that has 3800
3800 sq ft of livingarea? Explain.
Choose the correct answer below.
The house that sells for $380 comma 000
380,000 has az-score of
nothing
and the house with 3800
3800 sq ft has az-score of
nothing
. Thus, a house in that market that
sells for $ 380 comma 000
sellsfor$380,000
has 3800 sq ft of living area
has3800sqftoflivingarea
is more unusual than a house that
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