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5. A real estate agent has surveyed houses in 20 nearby ZIP codes in an attempt to put together a comparison for a new property that she would like to put on the market. She knows that the size of the living area of a house is a strong factor in the price, and she'd like to market this house as one of the biggest in the area. Here are the histogram and summary statistics for the sizes of all homes in the area. Complete parts (A) through (C) Count: Mean: StdDev: Min: Q1: Median: Q3: Маx: 45 1937.80 888.96 716 1293 1695 2350.5 5130 1000 2000 3000 4000 5000 6000 Living Space A A. What is the range of these sizes? B. Between what sizes do the central 50% of these houses lie? c. What summary statistics would you use to describe these data? Choose two most appropriate. a. Mean b. Median c. Standard deviation d. IQR

5. A real estate agent has surveyed houses in 20 nearby ZIP codes in an attempt to put together a comparison for a new property that she would like to put on the market. She knows that the size of the living area of a house is a strong factor in the price, and she'd like to market this house as one of the biggest in the area. Here are the histogram and summary statistics for the sizes of all homes in the area. Complete parts (A) through (C) Count: Mean: StdDev: Min: Q1: Median: Q3: Маx: 45 1937.80 888.96 716 1293 1695 2350.5 5130 1000 2000 3000 4000 5000 6000 Living Space A A. What is the range of these sizes? B. Between what sizes do the central 50% of these houses lie? c. What summary statistics would you use to describe these data? Choose two most appropriate. a. Mean b. Median c. Standard deviation d. IQR

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A was higher than nearly 25% of the stores in B. The median in A is higher than the first quartile in B. The lowest performing store in A was higher than nearly 50% of the stores in B. vii. 5. A real estate agent has surveyed houses in 20 nearby ZIP codes in an attempt to put together a comparison for a new property that she would like to put on the market. She knows that the size of the living area of a house is a strong factor in the price, and she'd like to market this house as one of the biggest in the area. Here are the histogram and summary statistics for the sizes of all homes in the area. Complete parts (A) through (C) Count: Mean: StdDev: Min: 45 1937.80 888.96 716 Q1: Median: Q3: Маx: 1293 1695 2350.5 5130 2000 6000 3000 Living Space Area (. 1000 4000 5000 a. A. What is the range of these sizes? B. Between what sizes do the central 50% of these houses lie? C. What summary statistics would you use to describe these data? Choose two most appropriate. а. Меan b. Median c. Standard deviation d. IQR 6. An analyst is forecasting net income for Excellence Corporation for the next fiscal year. Her low- end estimate of net income is $270,000, and her high-end estimate is $375,000. Prior research allows her to assume that net income follows a continuous uniform distribution. What is the probability that net income will be greater than or equal to $362,500?
Transcribed Image Text:A was higher than nearly 25% of the stores in B. The median in A is higher than the first quartile in B. The lowest performing store in A was higher than nearly 50% of the stores in B. vii. 5. A real estate agent has surveyed houses in 20 nearby ZIP codes in an attempt to put together a comparison for a new property that she would like to put on the market. She knows that the size of the living area of a house is a strong factor in the price, and she'd like to market this house as one of the biggest in the area. Here are the histogram and summary statistics for the sizes of all homes in the area. Complete parts (A) through (C) Count: Mean: StdDev: Min: 45 1937.80 888.96 716 Q1: Median: Q3: Маx: 1293 1695 2350.5 5130 2000 6000 3000 Living Space Area (. 1000 4000 5000 a. A. What is the range of these sizes? B. Between what sizes do the central 50% of these houses lie? C. What summary statistics would you use to describe these data? Choose two most appropriate. а. Меan b. Median c. Standard deviation d. IQR 6. An analyst is forecasting net income for Excellence Corporation for the next fiscal year. Her low- end estimate of net income is $270,000, and her high-end estimate is $375,000. Prior research allows her to assume that net income follows a continuous uniform distribution. What is the probability that net income will be greater than or equal to $362,500?
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