Problem

The following table presents the homeownership rates, in percentages, by state for the yea...

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?

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