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PROBLEM #3: Multiple Choice (3) The US Department of Housing and Urban Development (HUD) uses the median to report the average price of a home in the United States. Why do you think HUD uses the median? 1. II. 00000 III. IV. V a HUD uses the median because the data are skewed right HUD uses the median because the data are symmetrical HUD uses the median because the data are skewed left. HUD uses the median because the data are bimodal. None of the above. HUD uses the median because (b) A histogram of a set of data indicates that the distribution of the data is skewed right. Which measure of central tendency will likely be larger? Why? 0 I o H. 0 III. 0 IV. 0 V. The mean will likely be larger because the extreme values in the right tail tend to pull the mean in the direction of the tail The median will likely be larger because the extreme values in the left tail tend to pull the median in the opposite direction of the tail. I The mean will likely be larger because the extreme values in the left tail tend ot pull the mean in the opposite direction of the tail. The median will likely be larger because the extreme values in the right tail tend to pull the median in the direction of the tail. None of the above give your own measure of central tendency and explain why. PROBLEM #4: Using the frequency distribution for cigarette tax rates, nd: Tax Rate Frequency (:1) The population mean: , -___ .(b) The population standard deviation: 0.000.49 ? m 0.500.99 ' 15 ' ten1199' ' ' " ' ' a . 2.002.49 _ a '