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According to James M. Poterba, MIT. 1991, declining real house prices are not so usual, for the nation as a whole, real house prices have trended down since the fourth quarter of 1979. Just before the October 1987 stock market crash, real prices were 2.3 percent lower than their 1979 levels. By the second quarter of 1991, real prices have declined another 5.6 percent, with substantially greater real declines in the northeast and some parts of California. A sample of 1000 house price has been collected and the result is displayed as below: Histogram an nun-must swear.- M4 "II 0 Frequency s 1m mm mm m m House Prlca Note: Each bar dwarent in 12500 scale SPSS Output: Statistics House Price N Valid 1000 Mi ' g 0 Minimum 60000 Maximum 500001 (a) Find the modal class. (2 marks) (b) Estimate the mode. (2 marks) (b) Describe the skewness. (6 marks) Master Asia Pacic University of Technology & Innovation 2021 A 54-3-M-SDM Class Test Pa 2 of 8 (c) Based on (b), show the relative position of the three measures of central tendency. (6 marks) ((1) Discuss whether median or mean is the best central tendency in representing the data for each company. (4 marks) (1:) Represent the data in boxplot