The median sales price of existing one-family homes in selected metropolitan areas is the variable of interest

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The median sales price of existing one-family homes in selected metropolitan areas is the variable of interest in this exercise. Using the data contained in the file P3_73.XLS, characterize the distribution of median sales prices of existing single-family homes in 1996. How is this distribution different from that for the median sales prices of such homes in 1992? Carefully summarize the essential differences here.

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Managerial Statistics

ISBN: 9780534389314

1st Edition

Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe

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