The average monthly rent for a two-bedroom apartment in City A is $820 with a standard deviation of $86. The average monthly rent for a two-bedroom apartment in City B is $790 with a standard deviation of $75. Based on this data, we can conclude that the rent for two-bedroom apartments in City A is more consistent when compared to City B.

Question

Quizplus · Accepted Answer

The standard deviation in City A is higher ($86) compared to City B ($75), indicating that the rent prices in City A are more spread out and less consistent than in City B.

The Average Monthly Rent for a Two-Bedroom Apartment in City