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# The provided histogram displays the prices (in thousands of dollars) of 25 homes sold in 2019 in a ...

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A month ago
The provided histogram displays the prices (in thousands of dollars) of 25 homes sold in 2019 in a Midwestern city.

In general, this shape, right skewed with some unusually high values, is common for describing home values in many cities. For this reason, the median home value for a city is a useful parameter. This sample of recently sold homes had a median price (value) of $232,500. Someone considering moving to this city is interested in knowing if the median home value is more than$200,000.

Describe how you would generate a single randomization sample in this situation, and identify the statistic you would calculate from the sample.
Textbook

## Statistics: Unlocking the Power of Data

Edition: 3rd
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jasmjasm
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A month ago

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Krispylynn33 Author
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A month ago
 Helped a lot
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Yesterday
 this is exactly what I needed
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2 hours ago
 Just got PERFECT on my quiz