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The following data are monthly rental prices for sample 10 unfurnished studio apartments in center of Concord, New Hampshire, and sample of 10 unfurnished studio apartments in Charleston, West Virginia:

Concord

$955        $1,000     $985        $980        $940        $975        $965        $999        $1,247     $1,119

Charleston

$750        $775        $725        $705        $694        $725        $690        $745        $575        $800

a. For each set of data, find out the mean, median, mode, range, interquartile range, standard deviation, and coefficient of variation.

b. What conclusions can you draw regarding unfurnished studio apartments renting in the Concord versus Charleston? Compare and contrast.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M922248

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