Growing region of tampa

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1. The prices of 12 randomly chosen homes in dollars (approximated to nearest thousand) in a growing region of Tampa in the summer of 2002 are given below.

176   105   133   140   305   215   207   210   173   150   78 96

Find the mean and standard deviation of the sampled home prices from this area.

2. The following is a sample of nine mortgage companies' interest rates for 30-year home mortgages, assuming 5% down.

7.625  7.500  6.625  7.625  6.625  6.875  7.375  5.375  7.500

(a) Find the mean and standard deviation and interpret.

(b) Find lower and upper quartiles, median, and interquartile range. Check for any outliers and interpret.

Reference no: EM13966489

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