The data in New Home Sales represent number and median sales price of new single family houses
Question:
a. Construct a time series plot of new home sales prices.
b. What pattern, if any, is present in the data?
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Step by Step Answer:
a b There is an upward trend on the median home sales price till 2007 and the sale...View the full answer
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Related Book For 
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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