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According to a government's census bureau, in February 2010, the median sales price of new houses was $220,500 and the mean sales price was $282,600. a. Interpret the median sales price. >. Interpret the mean sales price. c. Discuss the shape of the distribution of the price of new houses. a. Choose the correct answer below. OA. Half of the prices for a new house are smaller than or equal to $282,600, and the other half the prices for a new house are larger than or equal to $282,600. O B. Half of the prices for a new house are smaller than $282,600, and the other half of the prices for a new house are larger than $282,600. OC. Half of the prices for a new house are smaller than or equal to $220,500, and the other half the prices for a new house are larger than or equal to $220,500. O D. Half of the prices for a new house are smaller than $220,500, and the other half of the prices for a new house are larger than $220,500.

According to a government's census bureau, in February 2010, the median sales price of new houses was $220,500 and the mean sales price was $282,600. a. Interpret the median sales price. >. Interpret the mean sales price. c. Discuss the shape of the distribution of the price of new houses. a. Choose the correct answer below. OA. Half of the prices for a new house are smaller than or equal to $282,600, and the other half the prices for a new house are larger than or equal to $282,600. O B. Half of the prices for a new house are smaller than $282,600, and the other half of the prices for a new house are larger than $282,600. OC. Half of the prices for a new house are smaller than or equal to $220,500, and the other half the prices for a new house are larger than or equal to $220,500. O D. Half of the prices for a new house are smaller than $220,500, and the other half of the prices for a new house are larger than $220,500.

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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According to a government's census bureau, in February 2010, the median sales price of new houses was $220,500 and the mean sales price was $282,600. 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. a. Choose the correct answer below. A. Half of the prices for a new house are smaller than or equal to $282,600, and the other half the prices for a new house are larger than or equal to $282,600. B. Half of the prices for a new house are smaller than $282,600, and the other half of the prices for a new house are larger than $282,600. C. Half of the prices for a new house are smaller than or equal to $220,500, and the other half the prices for a new house are larger than or equal to $220,500. D. Half of the prices for a new house are smaller than $220,500, and the other half of the prices for a new house are larger than $220,500.
Transcribed Image Text:According to a government's census bureau, in February 2010, the median sales price of new houses was $220,500 and the mean sales price was $282,600. 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. a. Choose the correct answer below. A. Half of the prices for a new house are smaller than or equal to $282,600, and the other half the prices for a new house are larger than or equal to $282,600. B. Half of the prices for a new house are smaller than $282,600, and the other half of the prices for a new house are larger than $282,600. C. Half of the prices for a new house are smaller than or equal to $220,500, and the other half the prices for a new house are larger than or equal to $220,500. D. Half of the prices for a new house are smaller than $220,500, and the other half of the prices for a new house are larger than $220,500.
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