Using the homeownership data in Exercise 3.10, construct a quantile plot for both years.a....

Using the homeownership data in Exercise 3.10, construct a quantile plot for both years.

a. Find the 20th percentile for the homeownership percentage and interpret this value for the 1996 data.

---

b. Congress wants to designate those states that have the highest homeownership percentage in 1996. Which states fall into the upper l0th percentile of homeownership rates?

---

c. Similarly identify those states that fall into the upper 10th percentile of homeownership rates during 1985. Are these states different from the states in this group during 1996?

Exercise 3.10

The following table presents the homeownership rates, in percentages, by state for the years 1985 and 1996. These values represent the proportion of homes owned by the occupant to the total number of occupied homes.

a. Construct a relative frequency histogram plot for the homeownership data given in the table for the years 1985 and 1996.

---

b. What major differences exist between the plots for the two years?

---

c. Why do you think the plots have changed over these 11 years?

---

d. How could Congress use the information in these plots for writing tax laws that allow major tax deductions for homeownership?