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The variable PRICE is the actual price (in thousands) of houses included in the sample. Compute the sample mean, sample median, sample variance, and sample
The variable "PRICE" is the actual price (in thousands) of houses included in the sample. Compute the sample mean, sample median, sample variance, and sample standard deviation of the variable PRICE. Interpret the calculated sample statistics in the context of the problem.
a. The following is the histogram of the variable "PRICE". Can you comment on the histogram?
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