Question

In: Statistics and Probability

The accompanying frequency distribution represents the square footage of a random sample of 500 houses that...

The accompanying frequency distribution represents the square footage of a random sample of 500 houses that are owner occupied year round. Approximate the mean and standard deviation square footage.

Square footage Lower Limit Upper Limit Frequency
0-499 0 499 5
500-999 500 999 17
1000-1499 1000 1499 33
1500-1999 1500 1999 121
2000-2499 2000 2499 119
2500-2999 2500 2999 81
3000-3499 3000 3499 47
3500-3999 3500 3999 41
4000-4499 4000 4499 26
4500-4999 4500 4999 10

Solutions

Expert Solution

Mean = 2443.50

Standard deviation = 925.94

Formula Reference and calculation procedure:

orchestra answered 1 year ago
Next > < Previous

Related Solutions

The accompanying frequency distribution represents the square footage of a random sample of 500 houses that...
The accompanying frequency distribution represents the square footage of a random sample of 500 houses that are owner occupied year round. Approximate the mean and standard deviation square footage. The mean square footage is x bar = ? Table Square footage Frequency 0 ? 499?1 9 500 ? 999?1 13 ?1,000 - ?1,499 33 ?1,500 - 1,999 115 ?2,000 - 2,499 125 ?2,500 - 2,999 83 ?3,000 - 3,499 45 ?3,500 - ?3,999 41 ?4,000 ? ?4,499 26 ?4,500 ?...
The accompanying frequency distribution represents the square footage of a random sample of 500 houses that...
The accompanying frequency distribution represents the square footage of a random sample of 500 houses that are owner occupied year round. Approximate the mean and standard deviation square footage. LOADING... Click the icon to view the data table. The mean square footage is x overbarxequals=nothing. ​(Round to the nearest integer as​ needed.) The standard deviation square footage is Square footage Lower Limit Upper Limit Frequency 0-499 0 499 9 500-999 500 999 13 1000-1499 1000 1499 36 1500-1999 1500 1999...
A Realtor is interested in modeling the selling price of houses based on the square footage...
A Realtor is interested in modeling the selling price of houses based on the square footage (X1), the age of the house (X2) and the number of bedrooms (X3). The data (below) was collected in the two largest cities in Arkansas and is given in an excel file. Follow the Minitab instructions on blackboard to answer the questions below. 1. Check the model assumptions a. Does the plot of Residuals vs. Fitted Values indicate that the assumption of constant variance...
A Realtor is interested in modeling the selling price of houses based on the square footage...
A Realtor is interested in modeling the selling price of houses based on the square footage and the age of the house. The data was collected in the two largest cities in Arkansas and is presented here.           Square footage X1                   Age in years X2   style           Selling price Y                    775                                37               Traditional 28,000                    700                                49               Traditional 34,000                    720                                54               Traditional 34,500                    864                                37               Rambler      39,900                    650                                35               Traditional 40,000                    780                                79               Victorian    41,500...
The city government has collected data on the square footage of houses within the city. They...
The city government has collected data on the square footage of houses within the city. They found that the average square footage of homes within the city limit is 1,240 square feet while the median square footage of homes within the city limits is 1,660 square feet. The city government also found that the standard deviation of home square footage within the city limits is 198 square feet. A statistician hired by a local home-carpeting company is going to randomly...
The city government has collected data on the square footage of houses within the city. They...
The city government has collected data on the square footage of houses within the city. They found that the average square footage of homes within the city limit is 1,240 square feet while the median square footage of homes within the city limits is 1,660 square feet. The city government also found that the standard deviation of home square footage within the city limits is 198 square feet. A statistician hired by a local home-carpeting company is going to randomly...
The following data give the selling price and square footage of houses that have sold in...
The following data give the selling price and square footage of houses that have sold in Bend, OR in the past 6 months. Selling Price ($) Square Footage 84,000 1,670 79,000 1,339 91,500 1,712 120,000 1,840 127,500 2,300 132,500 2,234 145,000 2,311 164,000 2,377 155,000 2,736 168,000 2,500 172,500 2,500 174,000 2,479 175,000 2,400 177,500 3,124 184,000 2,500 195,500 4,062 195,000 2,854 Graph the data to see whether a linear equation might describe the relationship between selling price and the...
The city government has collected data on the square footage of houses within the city. They...
The city government has collected data on the square footage of houses within the city. They found that the average square footage of homes within the city limit is 1,240 square feet while the median square footage of homes within the city limits is 1,660 square feet. The city government also found that the standard deviation of home square footage within the city limits is 198 square feet. A statistician hired by a local home-carpeting company is going to randomly...
This data gives the square footage and sales prices for several houses and sales prices for...
This data gives the square footage and sales prices for several houses and sales prices for several houses in Dallas, Texas. Square Footage Value 2000 238139.4 2200 259712 2400 300953.7 3000 369965.7 3200 340091.3 3600 405425 2900 345131 You plan to build a 500-sqaure-foot addition to your house. How much do you think your home value will increase as a result? What percentage of the variation in home value is explained by the variation in the house size? Please set...
The following data represents the square footage and rent of apartments in the boroughs of Queens,...
The following data represents the square footage and rent of apartments in the boroughs of Queens, New York. Queens (New York City) Square Footage Rent Per Month 500 650 588 1215 1000 2000 688 1655 825 1250 460 1805 1259 2700 650 1200 560 1250 1073 2350 1452 3300 1305 3100 a. Find the least-squares regression line, treating square footage as the explanatory variable. b. Interpret the slope and y-intercept, if appropriate. c. Is the rent on the 825-square-foot apartment...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT