Median and Standard Deviation - Coefficient of Variation - Economics Assignment Help

Assignment Task :

PART 1

• Calculate the Mean, 95% population mean confidence intervals, Median, Standard Deviation, Coefficient of Variation, and Skewness for property prices of Houses based on the following grouping:
• Proximity of the property to CBD 
• Note: Calculate above statistics for both “Up to 5KM” and “Between 5KM and 10KM”
• Number of bedrooms 
• Note: Calculate above statistics for “One bedroom”, “Two bedrooms” and “Three bedrooms or more”
• Number of bathrooms 
• What conclusions can you draw from these analyses? Write a conclusion for this part. Also comment on the shape of distributions using Skewness values for each category. 

PART 2

• Calculate the Mean, 95% population mean confidence intervals, Median, Standard Deviation, Coefficient of Variation, and Skewness for property prices of Units based on the following grouping:
• Proximity of the property to CBD 
• Note: Calculate above statistics for both “Up to 5KM” and “Between 5KM and 10KM”
• Number of bedrooms 
• Note: Calculate above statistics for “One bedroom”, “Two bedrooms” and “Three bedrooms or more”
• Number of bathrooms 
   

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