Question: What is the standard deviation?What does the range represent?The following output is from a sample of median home prices in various states.What does the standard

What is the standard deviation?What does the range represent?The following output is from a sample of median home prices in various states.What does the standard deviation represent?What is the range? Ex: 110.342 Pick Ex: 402 Pick 1

Median home value ($1000s) Column1 700 600 Mean 258.091 Standard Error 50.7877 500 Median 184 Mode #N/A 400 Standard Deviation 168.444 $1000 300 Sample Variance 28373.3 Kurtosis 1.88258 200 Skewness 1.72596 100 Range 502 Minimum 137 0 Maximum 639 SC TN CA OK AL NY HI GA PA ME WI Sum 2839 State Count 11 IQR 155

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