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Suppose you're considering buying a house in the Athens area and would like to compare the characteristics of houses in Clarke usi, Oconee countes. Docilotd

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Suppose you're considering buying a house in the Athens area and would like to compare the characteristics of houses in Clarke usi, Oconee countes. Docilotd Ule Housy Ences Jup file, which contains information on a sample of houses for sale listed Estately, com in 2022. (a) Considering the price of these houses: Which of the following is the most appropriate measure for the typical value? (b) Which is the most appropriate measure for the spread? (b) Using the above measures: (i) Which county has the highest typical value of house price? Give the typical house price in this county: 5 (the nearest integer is sufficent) (i) Which county has the greatest variabiity in hovie prices? Give the measure of spread for the house prices in this county: $ (the nearest integer is sulficient) (c) The US is currently in a "seiler's market', which means it's very easy for seilers to sell their houses and even raise their orice. Suppose the prices for all houises in thiz sampie were raised by $5,000. Haw would this affect the following rneasures? The mean would ithe median would The standard deviation would The the 1QR would (d) Now suppose that only fiduses wh prices more than 31,000,000 raised their prices by 125,000, nith all other house prices remaining the same, How would this alfect the following measures? (You may ossume the median and ewartiles for house prices are below 51,000,000. The mean wind list. it the median would The standard deviation woyld the Icill would

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