The following represents data on the sale prices of six apartment buildings Sale Price (in...
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Finance
The following represents data on the sale prices of six apartment buildings Sale Price (in $1,000s). 1,750 2,350 6,990 1,680 2,500 2,840 (a) Calculate the mean, mode, and median for the sale prices and indicate which is the best measure of central tendency and why. (6 Marks) (b) Calculate the range, standard deviation, and coefficient of variation for the sale prices and indicate which is the best measure of dispersion and why. (7 Marks)
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