Now: prices!
So far, we have only focused on estimating the mean living area in homes in Ames.
Now let's take off our training wheels and do the same analysis for the sales prices. Don't worry, we'll start off easy!
Remember from the first exercise that we saved the sales prices in the object price
.
This exercise is part of the course
Data Analysis and Statistical Inference
Exercise instructions
- To start, just take a random sample of size 50 from
price
and assign it tosample_50
. - Print its
mean
.
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# The ames data frame and area and price objects are already loaded into the workspace
# Take a sample of size 50 from price
# Print the mean