Question

Look at the histograms of real estate data and decide whether you think the standard deviation of home prices in City A was larger or smaller than the standard deviation of home prices in City B. Explain.

Answer 1

The description according to the framework in question is illustrated in the portion below.

Explanation:

• These same 2 histograms are quite dissimilar or separate, for City A, each information collected has always been largely focused at 400, although for City B, these same results are interpreted at 400.
• The price increases including its households throughout City B have quite a higher SD than those of the exchange rates throughout City A, also because documentation from City A generate a lot of price levels close to the middle of the bar chart, as well as the wages throughout City B, require a high amount of rates farther from the midpoint of the