The asking price (in thousands of dollars) of 33 four-bedroom homes in a certain city are described by the dotplot. Asking Prices of Four-Bedroom Homes G ● . 50 D 100 150 Complete parts (a) through (e). ● The values of the outliers are 200 250 Thousands of dollars 300 thousand and 350 400 ▼thousand. .. a. A buyer can afford to pay up to $150 thousand. Assuming sellers will not lower their asking prices, what proportion of the homes can the buyer afford? The proportion of homes that the buyer can afford is (Round to the nearest thousandth as needed.) b. What proportion of the homes have asking prices between $250 thousand and $350 thousand? The proportion of homes with asking prices between $250 thousand and $350 thousand is. (Round to the nearest thousandth as needed.) c. If there were two outliers, estimate their values. 450 ... d. It turns out that the two homes with asking prices you identified in part (c) also have square footages that are outliers. Why does this make sense? OA. This makes sense because houses with large square footages tend to have low asking prices. OB. This makes sense because houses with small square footages tend to have low asking prices. OC. This makes sense because houses with small square footages tend to have high asking prices. OD. This makes sense because houses with large square footages tend to have high asking prices.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
The asking price (in thousands of dollars) of 33 four-bedroom homes in a certain city are described by the dotplot.
Asking Prices of Four-Bedroom Homes
0
50
100
150
Complete parts (a) through (e).
200
250
Thousands of dollars
The values of the outliers are
300
350
thousand and
a. A buyer can afford to pay up to $150 thousand. Assuming sellers will not lower their asking prices, what proportion of the homes can the buyer afford?
The proportion of homes that the buyer can afford is
(Round to the nearest thousandth as needed.)
b. What proportion of the homes have asking prices between $250 thousand and $350 thousand?
400
The proportion of homes with asking prices between $250 thousand and $350 thousand is
(Round to the nearest thousandth as needed.)
c. If there were two outliers, estimate their values.
450
thousand.
d. It turns out that the two homes with asking prices you identified in part (c) also have square footages that are outliers. Why does this make sense?
OA: This makes sense because houses with large square footages tend to have low asking prices.
B. This makes sense because houses with small square footages tend to have low asking prices.
OC. This makes sense because houses with small square footages tend to have high asking prices.
OD. This makes sense because houses with large square footages tend to have high asking prices.
Transcribed Image Text:The asking price (in thousands of dollars) of 33 four-bedroom homes in a certain city are described by the dotplot. Asking Prices of Four-Bedroom Homes 0 50 100 150 Complete parts (a) through (e). 200 250 Thousands of dollars The values of the outliers are 300 350 thousand and a. A buyer can afford to pay up to $150 thousand. Assuming sellers will not lower their asking prices, what proportion of the homes can the buyer afford? The proportion of homes that the buyer can afford is (Round to the nearest thousandth as needed.) b. What proportion of the homes have asking prices between $250 thousand and $350 thousand? 400 The proportion of homes with asking prices between $250 thousand and $350 thousand is (Round to the nearest thousandth as needed.) c. If there were two outliers, estimate their values. 450 thousand. d. It turns out that the two homes with asking prices you identified in part (c) also have square footages that are outliers. Why does this make sense? OA: This makes sense because houses with large square footages tend to have low asking prices. B. This makes sense because houses with small square footages tend to have low asking prices. OC. This makes sense because houses with small square footages tend to have high asking prices. OD. This makes sense because houses with large square footages tend to have high asking prices.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,