Question

center, spread, and shape of distributions: foundations
the cost of each house in new mexico is summarized in the histogram.
houses that are worth more than 1 million dollars are not shown due to
space limitations. above 1 million dollars, the number of houses continues
to decrease steadily as the cost increases. what is the range of house
costs?
choose 1 answer:
0
150 thousand
1,000 thousand
there is not enough information to determine the range.

Explanation:

Step1: Recall the formula for range

The range of a data - set is calculated as \(Range = \text{Maximum value}-\text{Minimum value}\).

Step2: Identify the minimum and maximum values from the histogram context

From the \(x -\)axis (cost of house in thousands of dollars), assume the minimum cost of a house is \(0\) thousand dollars (the left - most point of the histogram's relevant data). The maximum value (since houses over 1 million dollars are not shown but we consider the upper - bound of the data we can work with from the axis labels) is \(1000\) thousand dollars.

Step3: Calculate the range

Using the range formula \(Range=1000 - 0=1000\) thousand dollars.

Answer:

C. 1,000 thousand