# Question

Compute the mean, median, and standard deviation for the homeownership rates given in Exercise 3.10.

In exercise

a. Compare the mean and median for the 3 years of data. Which value, mean or median, is more appropriate for these data sets? Explain your answers.

b. Compare the degrees of variability in homeownership rates over the 3 years.

In exercise

a. Compare the mean and median for the 3 years of data. Which value, mean or median, is more appropriate for these data sets? Explain your answers.

b. Compare the degrees of variability in homeownership rates over the 3 years.

## Answer to relevant Questions

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