Question

In: Statistics and Probability

Following table shows the probability distribution for the number of bathrooms for homes sold in the...

  1. Following table shows the probability distribution for the number of bathrooms for homes sold in the Goodyear, Arizona.

Number of baths (X)

Count

1.5

16

2.0

65

2.5

15

3.0

9

Total

105

  1. Compute the mean and the standard deviation of this distribution.

Solutions

Expert Solution

Solution:- Given Total = 105

Table :

Number of baths (x) Count probability
1.5 16 16/105 = 0.152
2.0 65 65/105 = 0.619
2.5 15 15/105 = 0.143
3.0 9 9/105 = 0.086
total 105 1.00

a. Mean = 2.0815

b. standard deviation = 0.3913


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