Let's Explore Directions: Answer the following questions. 1. Pretend that you want to sell your house. You narrow your search to two companies: VRT Housing and CTS Housing. Both companies advertise that sellers receive, on average, 90% of their asking price. Answer the following question. Question: Does it matter which company you choose? Question: Does the mean (average), describe the data accurate enough to make an informed decision? 2. Let's add some data to the example to illustrate the point. Assume the following percent of asking price received on the previous sales from each company: •VRT: 88, 92, 91, 89, 89, 91, 91, 89, and 90 •CTS: 71, 100, 100, 83, 100, 95, 86, and 90 Question: How can you make an informed decision about which company will offer you the greatest benefit for the least risk? Can you please answer this for me/us? we need a correct answer. nonsense REPORT
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