Q. No. 1. Use following sample home prices ($000s) to answer the questions: 48.8 995.9 209.0 175.0 628.3 298.0 218.9 111.0 212.3 2325.0 958.0 212.6 a) What is the sample median home price? b) Do the...

Q. No. 1.<br>Use following sample home prices ($000s) to answer the questions:<br>48.8 995.9<br>209.0<br>175.0<br>628.3<br>298.0<br>218.9<br>111.0<br>212.3<br>2325.0<br>958.0<br>212.6<br>a) What is the sample median home price?<br>b) Do the data contain any outliers?<br>c) Determine variance and standard deviation.<br>d) Develop a Box Plot for the home prices.<br>e) Determine 8th decile.<br>f) Determine the coefficient of skewness using the software method.<br>g) In the given case, which is the better measure of Central Tendency? Why?<br>h) At least what percent of home prices will lie between two standard deviations of mean?<br>

Extracted text: Q. No. 1. Use following sample home prices ($000s) to answer the questions: 48.8 995.9 209.0 175.0 628.3 298.0 218.9 111.0 212.3 2325.0 958.0 212.6 a) What is the sample median home price? b) Do the data contain any outliers? c) Determine variance and standard deviation. d) Develop a Box Plot for the home prices. e) Determine 8th decile. f) Determine the coefficient of skewness using the software method. g) In the given case, which is the better measure of Central Tendency? Why? h) At least what percent of home prices will lie between two standard deviations of mean?

Jun 09, 2022

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Q. No. 1. Use following sample home prices ($000s) to answer the questions: 48.8 995.9 209.0 175.0 628.3 298.0 218.9 111.0 212.3 2325.0 958.0 212.6 a) What is the sample median home price? b) Do the...

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