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