11. A distribution of home prices is skewed to the right. Consider the following statements concerning this distribution: (i) the mean is larger than the median. (ii) half the area of the histogram of the distribution falls to the left of the median. (iii) the variable is on the ratio scale of measurement. Which of the above statements are true? (a) only (i). (b) only (ii). (c) only (i) and (ii) (d) only (ii) and (iii) (e) all of them.

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11. A distribution of home prices is skewed to the right. Consider the following statements
concerning this distribution:
(i) the mean is larger than the median.
(ii) half the area of the histogram of the distribution falls to the left of the median.
(iii) the variable is on the ratio scale of measurement.
Which of the above statements are true?
(a) only (i).
(b) only (ii).
(c) only (i) and (ii)
(d) only (ii) and (iii)
(e) all of them.
Transcribed Image Text:11. A distribution of home prices is skewed to the right. Consider the following statements concerning this distribution: (i) the mean is larger than the median. (ii) half the area of the histogram of the distribution falls to the left of the median. (iii) the variable is on the ratio scale of measurement. Which of the above statements are true? (a) only (i). (b) only (ii). (c) only (i) and (ii) (d) only (ii) and (iii) (e) all of them.
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