A Declining Rent Ratio Indicates

question 144

Multiple Choice

A declining rent ratio indicates

• A)lower housing prices relative to renting
• B)lower rent relative to housing prices
• C)higher housing prices relative to renting
• D)none of the above

---

Definitions:

Outliers

Data points that differ significantly from the majority of a data set, often indicating variability in a measurement, experimental errors, or a novelty.

Standard Deviation

A statistical measure that quantifies the amount of variability or spread in a set of data points.

Range

The difference between the highest and lowest values in a set of numbers, indicating the extent of variation.

Interquartile Range

A measure of statistical dispersion, representing the difference between the 75th and 25th percentiles, or the middle 50% of a data set.