A real estate investment trust (REIT) owns first-class office properties in selected markets. According to its website, the occupancy rates last year for its holdings in four major cities are available below. Complete parts a through c below. Click the icon to view the occupancy rate data for the four regions. a. Explain why a pie chart would not be appropriate to display these occupancy rate data. Why would a pie chart not be appropriate? O A. The given percents are not part of a single whole, so their sum is a meaningless number. B. The four cities do not comprise all real estate markets. C. The four percents do not comprise all occupancy rates, so their sum is a meaningless number. D. The regions are categories, not quantitative values.

A real estate investment trust (REIT) owns first-class office properties in selected markets. According to its website, the occupancy rates last year for its holdings in four major cities are available below. Complete parts a through c below. Click the icon to view the occupancy rate data for the four regions. a. Explain why a pie chart would not be appropriate to display these occupancy rate data. Why would a pie chart not be appropriate? O A. The given percents are not part of a single whole, so their sum is a meaningless number. B. The four cities do not comprise all real estate markets. C. The four percents do not comprise all occupancy rates, so their sum is a meaningless number. D. The regions are categories, not quantitative values.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter1: Expressions And Functions

Section1.5: Descriptive Modeling And Accuracy

Problem 11PPS

See similar textbooks

Related questions

Q: You may need to use the appropriate appendix table to answer this question. Alexa is the popular…

A: We have given that Mean(µ) = 2800Standard deviations (σ) = 860X ~ N (µ, σ )= N(2800, 860)

Q: You are a management consultant for a 30 year old partner in a large firm. In a meeting your client…

A: By eliminating mandatory retirement, it gives the partners in the law firm to work until they want.…

Q: As a contractor, Mary Kane uses her truck primarily for business, delivering supplies from one job…

A: Calculating insurance premiums involves several factors, including coverage limits, deductibles, and…

Q: The current population of a certain state is 12,347. Over the past decade, there have been deaths of…

A: Determine the population before the said deaths began

Q: a. Develop the estimated regression equation that relates annual maintenance expense (in hundreds of…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…

Q: According to the website of the Lt. Governor of the State of Hawai'i, the state has the highest rate…

A: Formula used where

Q: Riffa Insurance Company has a surplus share treaty with Trust Re. Riffa Insurance has a retention…

A: Given information: The retention limit of the company R is $250000 and four lines of insurance are…

Q: In January 2019, a small company headquartered in Baltimore needed to track its cost per employee in…

A: Hey, since there are multiple subparts posted, we will answer first three subparts. If you want any…

Q: Mirada Manufacturing produces pumps for residential swimming pools. For the year, management…

Q: The financial statements of Coronado Manufacturing Company report net sales of $516200 and accounts…

Q: someone could profit (legally) from a los nce" provisions. Insert Format Tools Table aragraph v B IU…

A: Q

Q: An insurance company hires an actuary to determine whether the number of hours of safety driving…

A: Solution: The explanatory variable is number of hours of safety driving classes.

Q: 5. At the end of 2016, a population totals 100,000 individuals. During 2017, there are 1,000 births,…

A: Since you have posted a question with multiple subparts, we will solve first three subparts for you.…

Q: Define the term System Service Rate?

A: Service System: It can be defined as A carrier system (or customer support system, CSS) is a…

Question

100%

A real estate investment trust (REIT) owns first-class office properties in selected markets. According to its website, the occupancy rates last year for its holdings in four
major cities are available below. Complete parts a through c below.
Click the icon to view the occupancy rate data for the four regions.
a. Explain why a pie chart would not be appropriate to display these occupancy rate data.
Why would a pie chart not be appropriate?
O A. The given percents are not part of a single whole, so their sum is a meaningless number.
B. The four cities do not comprise all real estate markets.
C. The four percents do not comprise all occupancy rates, so their sum is a meaningless number.
D. The regions are categories, not quantitative values.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Tree$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

Name the four characteristics of a good definition.
Many organizations offer "special" magazine rates to their members. The American Federation of Teachers is no different, and here are a few of the rates (in dollars) they offer their members. Magazine Cosmopolitan Sports Illustrated Time Rolling Stone Martha Stewart Living SOURCE: AFT, February 2009 Usual Rate 29.97 89.04 59.95 25.94 28.00 Your Price 18.00 39.95 29.95 14.95 24.00 a. Construct a scatter diagram with "your price" as the dependent variable, y, and "usual rate" as the independent variable, x. Find: b. SS(x) c. SS(y) d. SS(xy) e. Pearson's product moment, r
The results of a search to find the least expensive round-trip flights to Atlanta and Salt Lake C major U.S. cities are shown in the following table. The departure date was June 20, 2012 and was June 27, 2012. Click on the datafile logo to reference the data, DATA file Round-Trip Cost ($) Departure City Atlanta Salt Lake Cit Cincinnati New York 340.10 321.60 291.60 570.10 354.60 465.60 Chicago Dae 210/O
Five light fixtures for a house cost these amounts: type A, $15.83; type B, $21.75; type C, $19.69; type D, $24.30; and type E, $9.49. a. What is the average cost per fixture? b. The electrician estimates a cost of $19.00 per fixture. How much over or under is the estimate for the five fixtures? a. b.
A landscaping company is trying to determine the cost per lawn cut for maintaining the equipment they use. Every year, the company services their lawn mowers at a cost of $592, their string trimmers at a cost of $382, and their other equipment at a cost of $429. If they have contracts signed with 28 customers for 30 weekly lawn cuttings, what is the best estimate for the maintenance cost per lawn cutting? A. $46.77 per law cutting B. $50.17 per law cutting C. 0.70 per law cutting D. 1.67 per law cutting
A university administrator requested a breakdown of travel expenses for faculty to attend various professional meetings. It was found that 31% of the travel expenses was spent for transportation costs, 25% was spent for lodging, 17% was spent for food, and 20% was spent for conference registration fees; the remainder was spent for miscellaneous costs.a. Construct a pie chart.b. Construct a bar chart.
Suppose automobile insurance companies gave annual premiums for top-rated companies in several states. The figure below shows box plots for the annual premium for urban customers in three states. Which state offers the lowest premium? Which state offers the highest premium?
2. Sketch a Pie chart for the variable Phone. Describe the data distribution.iPhone iPhone iPhone iPhone iPhone iPhone iPhone iPhone iPhone iPhoneiPhone iPhone iPhone iPhone iPhone Motorola Samsung Samsung Samsung Samsung
Bob and Pat are trying to decide where to spend their retirement. They have narrowed the field to four retirement centers. Their decision will be based largely upon the quality of care offered at the hospitals local to each of the retirement communities. They are researching the closest vicinity hospital to each of the retirement centers, and they want to know each hospital's death rate. Use the statistics listed in Table 6 to calculate the gross death rate (rounded to 1 decimal place) for each retirement center. Table 6 Hospital Death Statistics Hospital Death Statistics Hospital Discharged Patients Inpatient Deaths Death Rates Northern Sea Breeze 223 23 Great Plains City 418 28 Rocky Mount Center 215 32 South Beach Cove 319 29…
Engr. Janry Garcia and Engr. Caroline Moncada is working on a project for a newly constructed 4-story building. The project is regarding CCTV installation. As project engineers, they need to assess and make an inventory of the primary materials to be installed in the building. The following primary materials give the merchandise with its corresponding price list. C=CCTV Camera worth P5000 each; W=Cable wires P100 per meter; S=Splitters worth P50 each and B=Balun and Connectors for P150. Each of the materials should be distributed depending on the number of units per floor. For the 1st floor: twice the number of CCTV cameras is needed, three times the length of cable wire is required, four times the number of splitters and five times the number of baluns and connectors less is necessary, which gives an acceptable loss of -60dB. For the 2nd floor: 6 times the number of CCTV cameras are required, seven times the length of cable wire is needed, eight times the number of splitters less and…
Consumer Reports rated automobile insurance companies and gave annual premiums for top-rated companies in several states. The figure below shows box plots for annual premiums for urban customers (married couple with one 17-year-old son) in three states. The box plots were all drawn using the same scale on a TI-84Plus/TI-83Plus calculator. 1a) Which state has the lowest premium? 2a) Which state has the highest premium? B) Which state has the highest median premium? 1C) Which state has the smallest range of premiums? 2c) Which state has the smallest interquartile range? D) The five-number summaries generated on the TI-84Plus/TI-83Plus calculators for the box plots are given below.Match the five-number summaries to the appropriate box plots.The five-number summary for Texas is summary BLANK. The five-number summary for Pennsylvania is summary BLANK. The five-number summary for California is summary BLANK.
Lynbrook West, an apartment complex financed by the State Housing Finance Agency, consists of one-, two-, three- and four-bedroom units. The rental rate for each type of unit—low, moderate, or market—is determined by the income of the tenant. How many different rates are there? different rates