MATH201 -Far from Average Assignment- Felice White

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School

Bryant and Stratton College, Buffalo *

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Course

201

Subject

Mathematics

Date

Jun 2, 2024

Type

xlsx

Pages

8

Uploaded by DoctorWaterAlpaca37

Far from A Home 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 MATH201 Far from Averag You've decided to take the leap and buy a home! Go t State. Choose a minimum home price. Enter a maximum minimum home price. Search for fifteen 'For Sale' home belo
16 Calculate the value Show your w Mean for your dat Median for your d Mode for your dat Range for your da 94,999-5 Mean for your dat Median for your d Mode for your dat Range for your da Mean for your dat Median for your d Mode for your dat Range for your da 89,500+80,000+94,900+87,000+74,900+89,500+59 99+74,000+92,00 55,000, 59,900, 74,000, 74,900, 80,000, 80,000, 85,0 94,900, 55,000, 59,900, 74,000, 74,900, 80,000, 80,000, 85,0 94,900, Verify the statistics you computed above Click on the video link for additional help: https://youtu.be/Da_RzJvdTmc Now suppose you inherit a $1,000,000 home from a long the mean, median, mode and range us
Review the sixteen home prices and determine if there are, in at least 200 words, explain how they impact t After conducting a thorough investigation of the sixteen home the range of most of the data. These data points, also know measures used to describe the central tendency and variability was observed that the resulting numbers did not match the pre homes, with the minimum value being 50,000 and the maxim resulted in an increase in the mean value to over 100,000, whic the data added has a higher value compared to the initial g 945,000, indicating that the new data was more varied than th no outlier that affected the median or mode, and they rem significantly affected the mean value, indicating that the new homes. The range of values also increased, but there was no In at least 150 words, explain which statistic (mean, m center for the price of a hou In statistics, measures of central tendency are used to describe three commonly used measures of central tendency are the m of all prices divided by the total number of houses. In this ca middle value in a dataset when the values are arranged in or price is $87,250, which indicates that half of the houses are pric it. The mode is the most frequently occurring value in a data means that this is the price that occurs most frequently in the d mode is the best measure of center for house price. The mo dataset, whereas the mean is affected by outliers and the me provides a more accurate representation In at least 150 words, describe the value of understandi purchases such as land, cars, etc. Explain how thi
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