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In the Housing Data sheet:(a) Compute the different Percentiles for the Price column – NE Sector = ‘Yes’, NE Sector = ‘No’ and Overall.(b) Comment on the House Prices for the two areas (NE sector and not NE Sector) , observing values up to the 50th Percentile and beyond.(c) What conclusions do you draw?

In the Housing Data sheet:(a) Compute the different Percentiles for the Price column – NE Sector = ‘Yes’, NE Sector = ‘No’ and Overall.(b) Comment on the House Prices for the two areas (NE sector and not NE Sector) , observing values up to the 50th Percentile and beyond.(c) What conclusions do you draw?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter5: Making Automobile And Housing Decisions
Section: Chapter Questions
Problem 3LO
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In the Housing Data sheet:
(a) Compute the different Percentiles for the Price column – NE Sector = ‘Yes’, NE Sector = 
‘No’ and Overall.
(b) Comment on the House Prices for the two areas (NE sector and not NE Sector) , observing 
values up to the 50th Percentile and beyond.
(c) What conclusions do you draw?

 

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