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 050100150200250300350400450Thousands of dollars         A dotplot has horizontal number line labeled thousands of dollars from 0 to 450 in intervals of 50. The number of dots plotted for each value are as follows, with the value listed first and the number of dots listed second: 20 comma 3 ; 30 comma 1; 50, 4; 65, 5; 75, 4; 85, 4; 100 comma 2; 165, 1; 185, 1; 220, 1; 265, 2; 285, 1; 315, 2; 415, 1; 425, 1. Complete parts​ (a) through​ (e). Part 1 a. A buyer can afford to pay up to ​$350350 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 0.9390.939. ​(Round to the nearest thousandth as​ needed.)   b. What proportion of the homes have asking prices between ​$150150 thousand and ​$250250 ​thousand?   The proportion of homes with asking prices between ​$150150 thousand and ​$250250 thousand is 0.60.6. ​(Round to the nearest thousandth as​ needed.)   c. If there were two​ outliers, estimate their values.   The values of the outliers are $250   thousand and $350   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?   A. This makes sense because houses with small square footages tend to have low asking prices.   B. This makes sense because houses with small square footages tend to have high asking prices.   C. This makes sense because houses with large square footages tend to have low asking prices.   D. This makes sense because houses with large square footages tend to have high asking prices. The proportion of homes that the buyer can afford is(Round to the nearest thousandth as needed.)250350250350The proportion of homes with asking prices between $250 thousand and $350 thousand is(Round to the nearest thousandth as needed.)The values of the outliers arethousand andthousand andthousand.Why does this make sense?The proportion of homes that the buyer can afford is(Round to the nearest thousandth as needed.)150250150250The proportion of homes with asking prices between $150 thousand and $250 thousand is(Round to the nearest thousandth as needed.)The values of the outliers arethousand andthousand andthousand.Why does this make sense?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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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
050100150200250300350400450Thousands of dollars
 
  •  
  •  
  •  
A dotplot has horizontal number line labeled thousands of dollars from 0 to 450 in intervals of 50. The number of dots plotted for each value are as follows, with the value listed first and the number of dots listed second: 20 comma 3 ; 30 comma 1; 50, 4; 65, 5; 75, 4; 85, 4; 100 comma 2; 165, 1; 185, 1; 220, 1; 265, 2; 285, 1; 315, 2; 415, 1; 425, 1.
Complete parts​ (a) through​ (e).
Part 1
a. A buyer can afford to pay up to
​$350350
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
0.9390.939.
​(Round to the nearest thousandth as​ needed.)
 
b. What proportion of the homes have asking prices between
​$150150
thousand and
​$250250
​thousand?
 
The proportion of homes with asking prices between
​$150150
thousand and
​$250250
thousand is
0.60.6.
​(Round to the nearest thousandth as​ needed.)
 
c. If there were two​ outliers, estimate their values.
 
The values of the outliers are
$250
 
thousand and
$350
 
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?
 
A.
This makes sense because houses with small square footages tend to have low asking prices.
 
B.
This makes sense because houses with small square footages tend to have high asking prices.
 
C.
This makes sense because houses with large square footages tend to have low asking prices.
 
D.
This makes sense because houses with large square footages tend to have high asking prices.
The proportion of homes that the buyer can afford is(Round to the nearest thousandth as needed.)250350250350The proportion of homes with asking prices between $250 thousand and $350 thousand is(Round to the nearest thousandth as needed.)The values of the outliers arethousand andthousand andthousand.Why does this make sense?The proportion of homes that the buyer can afford is(Round to the nearest thousandth as needed.)150250150250The proportion of homes with asking prices between $150 thousand and $250 thousand is(Round to the nearest thousandth as needed.)The values of the outliers arethousand andthousand andthousand.Why does this make sense?
 
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