Question

In: Economics

Question One Given the following table from a study of a sample of homes in the...

Question One

Given the following table from a study of a sample of homes in the three largest cities in Canada, fill in the blanks accompanying several statements listed below with the correct answers. If your answer requires you to calculate a percentage, calculate that percentage to 2 decimal places (e.g., 23.72%) and show your calculations.

City

type of home

Toronto

Montreal

Vancouver

Grand Total

condo

8

6

6

20

multistory

12

7

5

24

ranch

3

6

1

10

townhouse

8

3

5

16

Grand Total

31

22

17

70

_________ The number of homes sampled in Toronto that were townhouses

_________ The percentage of homes sampled that were ranch’s

_________ The percentage of Vancouver homes sampled that were condos

_________ The percentage of townhouses sampled that were located in Montreal

_________ The percentage of homes sampled in Vancouver

Question Two

Given the following tables from a study of a sample of homes in the three largest cities in Canada, fill in the blanks accompanying several statements listed below with the correct answers.

% of homes:

type of neighbourhood

location

good

poor

upscale

very good

Grand Total

Montreal

22.73%

18.18%

27.27%

31.82%

100.00%

Toronto

28.89%

22.22%

31.11%

17.78%

100.00%

Vancouver

20.00%

12.00%

20.00%

48.00%

100.00%

Grand Total

25.00%

18.48%

27.17%

29.35%

100.00%

% of homes:

type of neighbourhood

location

good

poor

upscale

very good

Grand Total

Montreal

21.74%

23.53%

24.00%

25.93%

23.91%

Toronto

56.52%

58.82%

56.00%

29.63%

48.91%

Vancouver

21.74%

17.65%

20.00%

44.44%

27.17%

Grand Total

100.00%

100.00%

100.00%

100.00%

100.00%

% of homes:

type of neighbourhood

location

good

poor

upscale

very good

Grand Total

Montreal

5.43%

4.35%

6.52%

7.61%

23.91%

Toronto

14.13%

10.87%

15.22%

8.70%

48.91%

Vancouver

5.43%

3.26%

5.43%

13.04%

27.17%

Grand Total

25.00%

18.48%

27.17%

29.35%

100.00%

_______ The % of homes that are located in Montreal

________ The % of homes that are in upscale neighbourhoods

________ The % of Montreal homes that are in poor neighbourhoods

________ The % of homes in good neighbourhoods that are located in Vancouver

________ The % of homes that are in Toronto and in poor neighbourhoods

Solutions

Expert Solution

Ques 1 )

Part 1)

8/31 = 25.81% The number of homes sampled in Toronto that were townhouses

__10/70 = 14.29%_______ The percentage of homes sampled that were ranch’s

__6/17 = 35.29% The percentage of Vancouver homes sampled that were condos

_3/16 = 18.75% The percentage of townhouses sampled that were located in Montreal

__17/70=24.29% The percentage of homes sampled in Vancouver

  

Ques 2 )

__23.91%_(Referring to the %grand total in last table)____ The % of homes that are located in Montreal

_27.17%_(Referring to the %grand total in last table)______ The % of homes that are in upscale neighbourhoods

_4.35%(Referring to the last table)_ The % of Montreal homes that are in poor neighbourhoods

_5.43%(Referring to the last table) The % of homes in good neighbourhoods that are located in Vancouver

10.87%(Referring to the last table) The % of homes that are in Toronto and in poor neighbourhoods

Pls Upvote. Thanks :)


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