# Question: Compute the mean median and standard deviation for the homeownership

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.

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