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Find the mean square footage

Find the mean square footage

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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Find the mean square footage
### Analysis of Square Footage Distribution The table below displays the frequency of properties within various ranges of square footage. | Square Footage Range | Frequency | |----------------------|-----------| | 0 – 499 | 9 | | 500 – 999 | 13 | | 1,000 – 1,499 | 36 | | 1,500 – 1,999 | 115 | | 2,000 – 2,499 | 125 | | 2,500 – 2,999 | 83 | | 3,000 – 3,499 | 45 | | 3,500 – 3,999 | 45 | | 4,000 – 4,499 | 22 | | 4,500 – 4,999 | 7 | ### Overview This dataset represents the frequency distribution of various property sizes measured in square footage. Observing this data allows educators to teach students about interpreting frequency distributions and the application of statistical insights in real estate contexts. Key observations include a peak frequency of properties within the 1,500 to 2,499 square footage range, indicating this size is the most common in the dataset. Understanding the distribution helps inform housing market analyses and space utilization trends.
Transcribed Image Text:### Analysis of Square Footage Distribution The table below displays the frequency of properties within various ranges of square footage. | Square Footage Range | Frequency | |----------------------|-----------| | 0 – 499 | 9 | | 500 – 999 | 13 | | 1,000 – 1,499 | 36 | | 1,500 – 1,999 | 115 | | 2,000 – 2,499 | 125 | | 2,500 – 2,999 | 83 | | 3,000 – 3,499 | 45 | | 3,500 – 3,999 | 45 | | 4,000 – 4,499 | 22 | | 4,500 – 4,999 | 7 | ### Overview This dataset represents the frequency distribution of various property sizes measured in square footage. Observing this data allows educators to teach students about interpreting frequency distributions and the application of statistical insights in real estate contexts. Key observations include a peak frequency of properties within the 1,500 to 2,499 square footage range, indicating this size is the most common in the dataset. Understanding the distribution helps inform housing market analyses and space utilization trends.
Expert Solution
Step 1: We have given that

We have given that data 

Frequency distribution table. 

Mean = sum of all observations/total number of observations.

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