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A community may be considered sociologically healthier the more variability there is in its housing values (up to a point). A major newspaper in one city investigated housing costs in several communities in its area and is running a story on its findings. For one of the communities, a random sample of  60  houses was examined, and the current market price of each house was determined. The newspaper published the following histogram summarizing these  60  prices.     20

A community may be considered sociologically healthier the more variability there is in its housing values (up to a point). A major newspaper in one city investigated housing costs in several communities in its area and is running a story on its findings. For one of the communities, a random sample of  60  houses was examined, and the current market price of each house was determined. The newspaper published the following histogram summarizing these  60  prices.     20

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A community may be considered sociologically healthier the more variability there is in its housing values (up to a point). A major newspaper in one city investigated housing costs in several communities in its area and is running a story on its findings. For one of the communities, a random sample of 

60

 houses was examined, and the current market price of each house was determined. The newspaper published the following histogram summarizing these 

60

 prices.

 

 
20
15
10
5
0
Frequency
12
16
20
8
4
 
80
120
160
200
240
280
Current market price (in thousands of dollars)
 

Based on this histogram, estimate the standard deviation of the sample of 

60 prices.

Carry your intermediate computations to at least four decimal places, and round your answer to at least one decimal place.

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