[Interpret the graphs and statistics: Describe the shape, center, spread, and any unusual characteristic (outliers, gaps, etc.) and what they mean based on your sample data and the graphs you created.]
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
[Interpret the graphs and statistics: Describe the shape, center, spread, and any unusual characteristic (outliers, gaps, etc.) and what they
![Histogram 1
40
35
30
25
20
15
10
5
($538,658, $828,658]
($1,118,658, $1,408,658]
[$248,658, $538,658]
($828,658, $1,118,658]
($1,408,658, $1,698,658]
Median Listing Price
Histogram 2
25
20
15
10
[1203, 1443]
(1443, 1683]
(1683, 1923]
(1923, 2163]
(2163, 2403]
Median Square Feet
Axis Title](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27ec48fc-1061-48d0-b859-d5b1308c8e53%2F4982cfba-73bd-45d8-b1e2-e0f8bbdf9fca%2Fmbrjsao_processed.png&w=3840&q=75)
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