Now calculate house prices relative to income. What is the interpretation of this series?

Instructions:

(1) In column "G" title this "House Prices to Income" and write a formula in cell "G2" which is equal to house prices divided by income.

(2) Drag this formula down to the end of the column. Do this by double clicking on the bottom right of the cell "G2" when the cursor makes a black plus sign.

(3) Plot the resulting series. Highlight your column of house prices to income, go to the "Insert" tab then "Charts" and choose a line chart.

Graph the “House Price” data using a line graph. What is the interpretation of this series?

Instructions:

(1) Highlight the house prices in column B, go to the "Insert" tab then "Charts" and choose a line chart.

Using only the descriptive statistics, determine

which of the following statements are correct with respect to the numeracy test

scores in public and Catholic schools. (Multiple answers allowed)

Which of the following statements is correct with respect to the shape of the distribution of test scores for public and Catholic schools?

Using only the descriptive statistics, determine which of the following statements are correct with respect to the numeracy test scores in public and Catholic schools. (Multiple answers allowed)

What statistic is given by the value 87.52, and what does it mean?

What is the median monthly family income per person?

(Report to 2 decimal places and include appropriate units)