According to the U.S. Census Bureau (census.gov), in 2018, the median sales price of new houses was

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According to the U.S. Census Bureau (census.gov), in 2018, the median sales price of new houses was $326,200, and the mean sales price was $384,600.

a. Interpret the median sales price.

b. Interpret the mean sales price.

c. Discuss the shape of the distribution of the price of new houses.

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Statistics For Managers Using Microsoft Excel

ISBN: 9780135969854

9th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Feb 14, 2022 12:42 AM

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According to the U.S. Census Bureau (census.gov), in 2018, the median sales price of new houses was

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a b c Half of the new houses were ...View the full answer

Statistics For Managers Using Microsoft Excel

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