Question
Unusual or exceptional values exist in datasets many times. It is important to identify and study such values. In one such study. a real estate
Unusual or exceptional values exist in datasets many times. It is important to identify and study such values. In one such study. a real estate agent during the analysis of 350 recent sales found y $175,000 with a standard deviation of $75,000. When the agent reviewed the size of houses. she found that the mean size of house in sqaure feet was 2100 sq. lt with a standard deviation of 6 searching for a house for her client, she came across two houses. one house (labled as House 1) with a price of $340.000 and other with a size of 5.000 sa ft (labeled as House 2). Which of U house 1 or House 2, is more unusual or exceptional to find? Show your calculation stens below. Just writing vour answer without supporting calculations will not ear any credit.
Answer should be typed format only without insert table and image.
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