Identify key descriptive statistics of the property price found in the first dat

Identify key descriptive statistics of the property price found in the first dataset given
a) Perform the initial distribution analysis on ‘Price’ from the given dataset using the histogram. Make sure to choose the reasonable bin size.
b) Calculate and discuss the key descriptive statistics (mean, median, mode, range, IQR, quartile, skewness, variance, standard deviation) for the ‘Price’.
c) Compare the price distribution for ‘Eastern Metropolitan’ and ‘Western Metropolitan’. What can you find out? Perform the outlier analysis on ‘Price’ for these two areas and identify the price ranges for these outliers. (Hint: Use box plots.)
d) Can you identify which suburbs have the highest and lowest house prices?
Task 2.2 (): Perform linear correlation analysis using Excel on the second dataset given