Go to the text website and access the data labeled Census. It shows, among other variables, median

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Go to the text website and access the data labeled Census. It shows, among other variables, median household income and median house value for the 50 states.

a. Compute and discuss the range of household income and house value.

b. Compute the sample MAD and the sample standard deviation of household income and house value.

c. Discuss why we cannot directly compare the sample MAD and the standard deviations of the two data sets.

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Essentials Of Business Statistics Communicating With Numbers

ISBN: 9780078020544

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly

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Question Posted: Jan 28, 2015 08:57 AM

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Go to the text website and access the data labeled Census. It shows, among other variables, median

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a Range of household income 70647 37881 32766 Range of house value 537400 94500 442900 ...View the full answer

Essentials Of Business Statistics Communicating With Numbers

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