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A recent article in The washington Post Weekly Edition indicated that about 80% of the estimated $200 billion of federal housing subsides consists of tax breaks (mainly deductions for mortgage interest payment and preferential treatment for profits on home sales). Federal housing benefits average $8,268 for those with incomes between $50,000 and $200,000 and $365 for those with income of $40,000 to $50,000. Suppose the standard deviations of housing benefits in these two categories were equal to $2,750 and $120, respectively.
a. Examine the two standard deviations. What do these indicate about the range of benefits enjoyed by the two groups?
b. Repeat part a using coefficient of variation as the measure of relative variation.
Sketch the curves with equation y=f(x)=x sketch the equation of curve with the following equation separate diagrams.
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Your paper should contain a title page, an introduction, a body, a conclusion, and possibly a list of references. The introduction should provide background information about your topic, and it should state what your paper will address. We often stat..
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