Washington, D.C. is the capital of the United States. Washington's population is approaching 700,000 people and has been growing since 2000 following a half-century of population decline. The city is highly segregated and features a high cost of living. In 2017, the average price of a single-family home in the district was $649,000. The dataset (DC_Property_Train.CSV) provides insight on the housing stock of the district.
1. Plot a histogram for EYB. Describe the plotted pattern.
2. Plot a histogram for PRICE. Describe the plotted pattern and analyze the potential reasons for the high-priced properties.
3. Summarize the average PRICE for each ASSESSMENT_NBHD. Sort the processed data and make a bar plot of average prices for the top 10 neighborhoods.
4. Plot boxplots of PRICE by ASSESSMENT_NBHD for the top 10 neighborhoods. Explain the
pros of using boxplots instead of average prices.