Respond to this discussion board post y two measures of location would be the median sale price, and average days on the market of homes in the area they are searching. Ideally, we would break this data down into a more specific sample by applying more constraints in the form of a maximum price, minimum number of bedrooms, and minimum number of bathrooms. The median home prices of this data sample would let my friend know what kind of prices they should expect to pay for the home that they want to purchase. The mean number of days on the market in the area could be used to guess whether a seller is receiving offers or not. If they are over the average days on the market, my friend may be able to put in an offer below asking price and save themself more money to fix up that leaky St. Louis basement. My two measures of dispersion would be the interquartile range of house prices, and the coefficient of variation of house prices. The interquartile range would give my friend and I an adjusted look at the range of prices. This removes possible outliers that could skew our perception