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Application of number: level 3 House Buying - a Good Idea or Not? Task 1 a) Firstly the intention is to collect data for house prices within the area of Leicester. In order to produce reliable samples of data, information would need to be collected for at least 60 houses in total. Two separate samples, each comprising of 30 houses will be acquired for: a) First time buyers' houses b) Other houses The information will be obtained form two main sources: a) Local newspaper b) Internet Undeniably both sources should provide sufficient house prices from many of the leading estate agents. The data collated for both samples would be presented in the form of suitable graphs and charts and will then be used to calculate the mean, median, and interquartile range. House prices for first time buyers' houses and other houses will also be compiled at a later stage. These house prices will be compared with present house prices by...

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