The following display summarizes the percentage of household income that goes to rent for 1,000 families that live in Denver, Colorado.
(a) Estimate the mean and median from the figure.
(b) Estimate the IQR from the figure.
(c) What’s the effect of the cluster of outliers on the right of the SD?
(d) What’s your explanation for the tall bin at the right side of the histogram?
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