QUESTION 1The sale prices of houses in a local community have an average of $210,000 and a median of $135,000.This means half of the houses are priced under $135,000.This means that there are a few really low-priced houses because the mean is so low.This means half of the houses are priced over $210,000.If you are buying a house in this community, you will pay $210,000 for the house.QUESTION 2A production line is manufacturing ball bearings for engines. A particular run of bearings is supposed to have a diameter of 2". The average of the run is 2". Whichone of the following standard deviations would indicate the best production?0001"001"01"0.1"QUESTION 3When comparing regression models, the R2 with the value closest to 1 is usually best.True:False

Median = mid of data Average = (sum of data/n) Positive skew : Mean > median Negative skew…

Answered: QUESTION 1 The sale prices of houses in…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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