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According to a government's census bureau, in February 2010, the median sales price of new houses was $220,500 and the mean sales price was $282,600.
a. Interpret the median sales price.
b. Interpret the mean sales price.
c. Discuss the shape of the distribution of the price of new houses.
Answers: 2
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According to a government's census bureau, in February 2010, the median sales price of new houses wa...
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