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.
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