Considering the home market value data provided as a population of homeowners on this street, compute the mean, variance, and standard deviation for each of the variables using a spreadsheet and these formulas. Verify your calculations using the appropriate Excel functi Click here to view the data. Click here to view the formulas. The population standard deviation of the house age data is Round to two decimal places as needed.) Home market value data Compute the mean of the square feet data. The population mean of the square feet data is Round to two decimal places as needed.) Home Market Value House Age Square Feet Market Value 28 1,484 $78,800 Compute the deviation from the mean for the first house's square footage of 1,484 square feet. 1,520 1,914 $88,600 $104,400 27 The deviation from the mean is O Round to two decimal places as needed.) 32 28 1,520 $84,400 $81,300 $82,000 $86,400 27 1,484 Compute the variance of the square feet data. 28 1,484 The population variance of the square feet data is 32 1,731 Round to two decimal places as needed.) 33 1,850 $96,000 28 1,520 $87,600 Compute the standard deviation of the square feet data. 32 1,842 $93,300 The population standard deviation of the square feet data is N Round to two decimal places as needed.) $88,400 $90,000 33 1,666 33 1,812 27 1,684 $96,700 Compute the mean of the market value data. 32 1,692 $87,500 The population mean of the market value data is S. 28 1,484 $82,600 Round to two decimal places as needed.) Compute the deviation from the mean for the first house's market value of $78,800. The deviation from the mean is S. Print Done Round to two decimal places as needed.) Compute the variance of the market value data. The population variance of the market value data is S Round to two decimal places as needed.) Compute the standard deviation of the market value data. The population standard deviation of the market value data is S.

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# Home Market Value Data Analysis

### Instructions
Considering the home market value data provided as a population of homeowners on this street, compute the mean, variance, and standard deviation for each of the variables using a spreadsheet and these formulas. Verify your calculations using the appropriate Excel function.

- Click here to view the data.
- Click here to view the formulas.

### Data Table

#### Home Market Value Data

| House Age | Square Feet | Market Value |
|-----------|-------------|--------------|
| 28        | 1,484       | $78,800      |
| 27        | 1,520       | $88,600      |
| 32        | 1,914       | $104,400     |
| 28        | 1,520       | $84,400      |
| 32        | 1,484       | $81,300      |
| 27        | 1,484       | $82,000      |
| 28        | 1,731       | $86,400      |
| 30        | 1,850       | $96,000      |
| 32        | 1,520       | $87,600      |
| 31        | 1,842       | $93,300      |
| 33        | 1,666       | $88,800      |
| 31        | 1,812       | $90,000      |
| 32        | 1,692       | $96,700      |
| 32        | 1,692       | $87,500      |
| 28        | 1,484       | $82,600      |

### Tasks

1. **Population Standard Deviation of House Age**
   - Compute and round to two decimal places as needed.

2. **Mean of Square Feet Data**
   - Compute and round to two decimal places as needed.

3. **Deviation from the Mean for First House's Square Footage (1,484 sq ft)**
   - Compute the deviation from the mean and round to two decimal places as needed.

4. **Variance of the Square Feet Data**
   - Compute and round to two decimal places as needed.

5. **Standard Deviation of Square Feet Data**
   - Compute and round to two decimal places as needed.

6. **Mean of Market Value Data**
   - Compute and round to
Transcribed Image Text:# Home Market Value Data Analysis ### Instructions Considering the home market value data provided as a population of homeowners on this street, compute the mean, variance, and standard deviation for each of the variables using a spreadsheet and these formulas. Verify your calculations using the appropriate Excel function. - Click here to view the data. - Click here to view the formulas. ### Data Table #### Home Market Value Data | House Age | Square Feet | Market Value | |-----------|-------------|--------------| | 28 | 1,484 | $78,800 | | 27 | 1,520 | $88,600 | | 32 | 1,914 | $104,400 | | 28 | 1,520 | $84,400 | | 32 | 1,484 | $81,300 | | 27 | 1,484 | $82,000 | | 28 | 1,731 | $86,400 | | 30 | 1,850 | $96,000 | | 32 | 1,520 | $87,600 | | 31 | 1,842 | $93,300 | | 33 | 1,666 | $88,800 | | 31 | 1,812 | $90,000 | | 32 | 1,692 | $96,700 | | 32 | 1,692 | $87,500 | | 28 | 1,484 | $82,600 | ### Tasks 1. **Population Standard Deviation of House Age** - Compute and round to two decimal places as needed. 2. **Mean of Square Feet Data** - Compute and round to two decimal places as needed. 3. **Deviation from the Mean for First House's Square Footage (1,484 sq ft)** - Compute the deviation from the mean and round to two decimal places as needed. 4. **Variance of the Square Feet Data** - Compute and round to two decimal places as needed. 5. **Standard Deviation of Square Feet Data** - Compute and round to two decimal places as needed. 6. **Mean of Market Value Data** - Compute and round to
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