Using the provided chart,

1) Compute the descriptive statistics for the combined home prices. What are: mean, standard deviation, standard error in the mean, sample size, etc?

2) Complete the pp-plot to discern whether or not the assumption of normalcy is appropriate for the data set. Note: you will proceed as if the data does satisfy a normal distribution independent of the pp-plot result, however you must indicate a concern if one exists.

3) Which are the significant outliers?

Realtor name classified ad Home type Home price Random number (e.g.-3/2/2) 4 Ready Real Estate 2 beds 2 baths Condo $150,000 3 Keller Williams Realty 3 beds 2 baths House $335,000 7 Jessup Jackson 3 beds 2 baths Condo $ 159,999 20 Hubzu 2 beds 1 bath House $172,000 13 Ready Real Estate 2 beds 1 bath House $ 124,000 8 Nina Homes 3 beds 2 baths House $ 550,000 9 Ready Real Estate 3 beds 1 baths House $156,000 9 Oak Bend Estates 2 beds 1 bath Condo $ 145,000 15 Oak Bend Estates 2 beds 1 bath Condo $ 140,000 7 Nina Homes 3 beds 1 bath House $1,196,000 12 Ready Real Estate 3 beds 1 bath Condo $ 155,000 5 La Rue Dallas 5 beds 2 bath House $245,000 6 Preston Keller Office 2 beds 2 baths Condo $ 145,000 11 Preston Keller Office 3 beds 2 baths House $375,050 20 Ready Real Estate 3 beds 2 baths House $325,000 12 Bonie Homes 3 beds 2 baths $250,000 9 Nina Homes 5 beds 3 baths $1,339,900 17 Bonie Homes 4 beds 3 baths $425,000 3 Malkison Realty 3 beds 3 baths $450,000 18 J&D Estates 4 beds 3 baths $330,000 Realtor name classified ad Home type Home price Random number (e.g.-3/2/2) 4 Ready Real Estate 2 beds 2 baths Condo $150,000 3 Keller Williams Realty 3 beds 2 baths House $335,000 7 Jessup Jackson 3 beds 2 baths Condo $ 159,999 20 Hubzu 2 beds 1 bath House $172,000 13 Ready Real Estate 2 beds 1 bath House $ 124,000 8 Nina Homes 3 beds 2 baths House $ 550,000 9 Ready Real Estate 3 beds 1 baths House $156,000 9 Oak Bend Estates 2 beds 1 bath Condo $ 145,000 15 Oak Bend Estates 2 beds 1 bath Condo $ 140,000 7 Nina Homes 3 beds 1 bath House $1,196,000 12 Ready Real Estate 3 beds 1 bath Condo $ 155,000 5 La Rue Dallas 5 beds 2 bath House $245,000 6 Preston Keller Office 2 beds 2 baths Condo $ 145,000 11 Preston Keller Office 3 beds 2 baths House $375,050 20 Ready Real Estate 3 beds 2 baths House $325,000 12 Bonie Homes 3 beds 2 baths $250,000 9 Nina Homes 5 beds 3 baths $1,339,900 17 Bonie Homes 4 beds 3 baths $425,000 3 Malkison Realty 3 beds 3 baths $450,000 18 J&D Estates 4 beds 3 baths $330,000