GIVEN:
We are told that a real estate agent believes that most of the home prices are low with very few homes having very high prices in a certain area.
Required;
If his description is accurate, which shape best describes the distribution of home prices in this area?
Explanation;
For data distribution, the graph can take on different shapes dpending on how the data is distributed. In this particular instance, most of the data is lying on the left side of the graph. In other words, the curve is more elevated on the left side while its very low towards the right side.
The following picture is an illustration of this scenario;
This is "Positively skewed data distribution."
ANSWER:
Positively skewed.