Use the data for two Sydney suburbs to answer questions 1-5:             1     Using Excel or other appropriate software,...

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Basic Math

Use the data for two Sydney suburbs to answer questions1-5:            

1     Using Excel or other appropriatesoftware, produce two separate histograms for the median rentalprices of the two selected suburbs, respectively.   

       Use an appropriate numberof bins for your histogram and remember to label the axes. Describeand compare the two histograms, including the central location,dispersion and skewness. [1 mark]     

            

2     Compute the sample means and samplestandard deviations of the median rental prices of the two selectedsuburbs, respectively. No need to show computational steps. [1mark]   

Artarmon

Chatswood
570730
660680
660920
5951100
500880
610840
600750
600540
600490
590630
690600
625600
6101200
600900
595800
550730
680700
500675
580660
650580
530820
550700
490680
665610
6801200
580900
680880
670870
585850
660800
500800
595790
490780
530780
565750
570750
580750
595720
600720
600700
610680
625660
660650
680650
690650
580610
585600
650595
665580
590580

Answer & Explanation Solved by verified expert
3.8 Ratings (581 Votes)
Draw histogram    See Answer
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