This Test: 45 pts possible Question Help * scriptive ana sis of e This Question:

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This Test: 45 pts possible Question Help * scriptive ana sis of e This Question: 7 pts | 1 of 5 (0 complete) A real estate company lists and sells residential real estate p perty n and around a ma or cit At a recent compan me n he mana r pa er asked he o e administrator provide a asking prices of the homes the company currently has listed. The asking prices are provided in the accompanying table. These data constitute a population. Complete parts a through e below Click the icon to view the data. a. Compute the mean listing price The population mean listing price is $ 164675 Round to the nearest cent as needed.) b. Compute the median listing price The median for this population is $ 157975 Type an integer or a decimal.) c. Compute the range in listing prices The range for this population is $2931001 Type an integer or a decimal.)

Explanation / Answer

e ) Since the mean is larger than the median , the listing price data is right skewed .

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