Data Driven Business Decisions E7. For 1241 apartments sold in a certain area in 2002, the mean price is 459,000 and the SD is 76,000.

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Book: Data Driven Business Decisions

E7. For 1241 apartments sold in a certain area in 2002, the mean price is 459,000 and the SD is 76,000. Consider three apartments that sold for 545,000, 295,000, and 395,000. Which of these is most unusual? Are any of them really unusual statistically?

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Data Driven Business Decisions E7. For 1241 apartments sold in a certain area in 2002, the mean price is 459,000 and the SD is 76,000.

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