Refer to the homeownership data in Exercise 3.10. In exercise a. Compute mean and median homeownership percentages
Question:
In exercise
a. Compute mean and median homeownership percentages during the 3 years.
b. Which measure best represents the average homeownership percentage during each of the 3 years?
c. Compute standard deviation and MAD homeownership percentage during the 3 years.
d. Which measure best represents the variation in homeownership percentages across the U. S during each of the 3 years?
e. Describe the change in the percentage of homes owned by the occupant over the 3 years.
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Related Book For
An Introduction To Statistical Methods And Data Analysis
ISBN: 9781305465527
7th Edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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