According to Zillow.com, the median sale price for homes in January for South Carolina, California, and Virginia over the last three years is given in the table below (measured in $100,000). able South Carolina California Virginia 2018 183 534 98 2019 193 555 94 2020 216 569 85 In South Carolina, realtors take 5.4% of the sale price on average as part of their commission. The average realtor commission rates in California and Virginia are 4.9% and 5.3%, respectively. Use matrix multiplication to find the total earned by realtors from their commissions

According to Zillow.com, the median sale price for homes in January for South Carolina, California, and Virginia over the last three years is given in the table below (measured in $100,000). able South Carolina California Virginia 2018 183 534 98 2019 193 555 94 2020 216 569 85 In South Carolina, realtors take 5.4% of the sale price on average as part of their commission. The average realtor commission rates in California and Virginia are 4.9% and 5.3%, respectively. Use matrix multiplication to find the total earned by realtors from their commissions

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Description: According to Zillow.com, the median sale price for homes in January for South Carolina, California, andVirginia over the last three years is given in the table below (measured in $100,000).ableSouth Carolina California Virginia2018183534982019193555

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Question

According to Zillow.com, the median sale price for homes in January for South Carolina, California, and
Virginia over the last three years is given in the table below (measured in $100,000).
able
South Carolina California Virginia
2018
183
534
98
2019
193
555
94
2020
216
569
85
In South Carolina, realtors take 5.4% of the sale price on average as part of their commission. The
average realtor commission rates in California and Virginia are 4.9% and 5.3%, respectively.
Use matrix multiplication to find the total earned by realtors from their commissions

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