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Basic Statistics and graphs - Speech or Presentation Example

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The calculated mean of five data samples show that MF-5 has given the highest average return during the last ten years and MF-1 has given the lowest average return.MF-1 with 29.3 standard deviation shows the highest level of variability whereas, lowest variability is shown by…
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Basic Statistics and graphs
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Basic Statistics and graphs

The two histograms (Graph I & II) are showing different trends because maximum homes (38) sold before 5 years ago were sold between $115,000 and $129,000 and 35 homes were sold between $130,000 and $144,000. On the other hand, this year prices increased and maximum number of homes (38) was sold between $145,000 and $159,000. Moreover, 5 years ago, home prices range was between $100,000 and $159,000 whereas, this year homes have been sold at a price between $100,000 and $204,000.
The first similarity between these two histograms is that none of the house sold between the range of $85,000 and $99,000, which means home prices were higher than this range this year and even 5 years ago. Secondly, the maximum frequency in both histograms is ... Read More
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