Look at the histograms of real estate data and decide whethe
Look at the histograms of real estate data and decide whether you think the standard deviation of home prices in City A was larger or smaller than the standard and the prices in City B. Explain. Click the icon to view the histograms. Choose the correct answer below. The prices of the house in City B have a larger standard deviation of home prices in City A, because the data from City A show a lot of Prices near the center of the graph and the prices in City B show a lot of prices far from the center of the graph. The price of the houses in City A have a larger standard deviation than the prices in City B: since the data show, since the data show that the average or typical price for a house in City B is lower than the average or typical price for a house in City A. The standard deviations for prices in both cities are approximately equal, because the data from City A show the average or typical price to be about the same as what the data from City B show for the average or typical price. The prices of the houses in City A have a larger standard deviation than the prices in City B; because the data from City B show a lot of prices near the center of the graph and the prices in City A show a lot of prices far from the center of the graph.
Solution
THE PRICES OF THE HOUSES IN CITY B HAVE A LARGE STANDARD DEVIATION THAN THE PRICES IN CITY A, BECAUSE THE DATA FROM CITY A SHOW A LOT OF PRICES NEAR THE CENTER OF THE GRAPHAND THE PRICES IN CITY B SHOW A LOT OF PRICES FAR FROM THE CENTER OF THE GRAPH
