Question

In: Statistics and Probability

The table shows the number of days on the market for the 36 recent home sales...

The table shows the number of days on the market for the 36 recent home sales in the city of Sonando Hills.

22 13 30 165 104 54 123 38 7
116 176 178 47 156 20 12 165 19
113 53 48 8 46 29 24 31 137
29 2 175 28 55 117 38 70 145




(a1) Construct a frequency distribution and histogram, using nice (round) bin limits. (Round your "percent" answers to 1 decimal place.)

Days on market cumulative
Lower Upper Midpoint Width Frequency Percent Frequency Percent
40 < 60   

Solutions

Expert Solution

The frequency distribution is:

cumulative
lower upper midpoint width frequency percent      frequency percent
0 < 19.99 10 20 6   16.7   6   16.7  
20 < 39.99 30 20 10   27.8   16   44.4  
40 < 59.99 50 20 6   16.7   22   61.1  
60 < 79.99 70 20 1   2.8   23   63.9  
80 < 99.99 90 20 0   0.0   23   63.9  
100 < 119.99 110 20 4   11.1   27   75.0  
120 < 139.99 130 20 2   5.6   29   80.6  
140 < 159.99 150 20 2   5.6   31   86.1  
160 < 179.99 170 20 5   13.9   36   100.0  
36   100.0  

The histogram is:


Related Solutions

a.Below table shows the number of conforming products in 20 days. (a) Set up the fraction...
a.Below table shows the number of conforming products in 20 days. (a) Set up the fraction nonconforming control chart for this process. Plot the preliminary data in Table on the chart. Is the process in statistical control? B.Assume that assignable causes can be found for any out-of-control points on this chart. What center line and control limits should be used for process monitoring in the next period? Day Number of Nonconforming 1 0 2 3 3 4 4 6 5...
The table shows the daily sales (in $1000) of shopping mall for some randomly selected days...
The table shows the daily sales (in $1000) of shopping mall for some randomly selected days Sales 1.1-1.5 1.6-2.0 2.1-2.5 2.6-3.0 3.1-3.5 3.6-4.0 4.1-4.5 Days 18 27 31 40 56 55 23 Use it to answer questions 13 and 14. 13. What is the approximate value for the modal daily sales? A. $3,129.41 B. $2,629.41 C. $3,079.41 D. $3,123.53 14. The approximate median daily sales is … A. $3,130.36 B. $2,680.36 C. $3,180.36 D. $2,664
Following table shows the monthly sales of cars at a dealership: Month Number of cars Sold...
Following table shows the monthly sales of cars at a dealership: Month Number of cars Sold 1 79 2 79 3 86 4 93 5 101 6 107 7 102 8 What is the Trend equation for the above data? What is the expected sales for the 8th month based on the Trend method? How much error is there in this forecasting method using MAD?
The table below shows the means and standard deviations of the survival times (in days) of...
The table below shows the means and standard deviations of the survival times (in days) of some cancer patients who were treated with the same medication. Use these statistics to answer the question below. Type of Cancer Patient Mean Standard Deviation Breast 1395.9 1239.0 Bronchial 211.6 209.9 Colon 457.4 427.2 Ovarian 884.3 1098.6 Stomach 286.0 346.3 Which type of cancer patients      (a) had the highest average survival time?        (b) had the lowest average survival time?        (c) had the most consistent...
The following table is used for a number of questions below. The table above shows the...
The following table is used for a number of questions below. The table above shows the responses of a survey of teenagers aged 14-18 when asked at what age they thought they would become financially independent. Age of Financial Independence Number of Responses 16-20 191 21-24 467 25-27 244 28 or older 42 What do the teens expect is the probability of being financially independent before age 25? A recent Gallup poll found that only 14 percent of 24- to...
The following data shows the number of home runs hit by the top 7 home run...
The following data shows the number of home runs hit by the top 7 home run hitters in Major League Baseball during the 2011 season. 43 41 39 39 38 37 37 The lower limit for determining outliers for a box and whisker plot is_____.
The following data shows the number of home runs hit by the top 12 home run...
The following data shows the number of home runs hit by the top 12 home run hitters in Major League Baseball during the 2011 season. 43    41 39 39 38 37 37 36 34 33 33 32 The lower limit for determining outliers for a box-and-whisker plot is ________. 23.75 20.0 22.5 25.25
The table shows the number of confirmed COVID-19 infected cases, number of death and number of...
The table shows the number of confirmed COVID-19 infected cases, number of death and number of recovered cases in four countries according to 5/4/2020 global record. The total confirmed cases around the world is 1249636, the total number of death around the world is 68069, and the total number of recovered cases around the world is 256860. Calculate the following: 1-     The % of death of the number of the infected cases in each of the four countries. 2-     The % of...
(1) These are the sales prices of recent home sales at a real estate office: $475,000...
(1) These are the sales prices of recent home sales at a real estate office: $475,000 $310,000   $350,000    $400,000   $475,000   $1,000,000   $390,000 Find the x̄, median and the mode for the prices. In your opinion, which is the best measure of central tendency for this data set? Why? (2) Identify the population, parameter, sample, and statistic in the statistical study quoted below. What type of data was gathered in the study? The United Hospital Fund recently examined the cases of...
36. The worldwide market share for a web browser was 20.5​% in a recent month. Suppose...
36. The worldwide market share for a web browser was 20.5​% in a recent month. Suppose that a sample of 120 random students at a certain university finds that 30 use the browser. b. Suppose that a sample of n=800 students at the same university​ (instead of n=120 determines that 25​% of the sample use the web browser. At the 0.01 level of​ significance, is there evidence that the market share for the web browser at the university is greater...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT