Create a report on the selling prices of the homes. Construct a boxplot of selling prices. Find the first and third quartiles of selling prices. Check whether there are any outliers.

Question

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Answer 1

Question

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

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Answer 2

Question

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Expert Solution & Answer

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See solution

Answer 3

Question

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Expert Solution & Answer

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Answer 4

Question

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Expert Solution & Answer

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Answer 5

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Answer 6

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

Answer 7

Chapter 4, Problem 44DE

a.

To determine

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

Answer 8

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Answer 9

b.

To determine

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Answer 10

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Answer 11

c.

To determine

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. 4 - Prob. 1.1SR Ch. 4 - Prob. 1.2SR Ch. 4 - Describe the differences between a histogram and a...Ch. 4 - Prob. 2E Ch. 4 - Consider the following chart. a. What is this...Ch. 4 - Prob. 4E Ch. 4 - Prob. 5E Ch. 4 - Prob. 6E Ch. 4 - The following stem-and-leaf chart from the Minitab...Ch. 4 - Prob. 8E

Create a report on the selling prices of the homes. Construct a boxplot of selling prices. Find the first and third quartiles of selling prices. Check whether there are any outliers.

Solution Summary: The author explains how to construct a boxplot of selling prices, which shows that there are no outliers in the variable selling price.

Concept explainers

Videos

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Want to see the full answer?

Chapter 4 Solutions

Create a report on the selling prices of the homes. Construct a boxplot of selling prices. Find the first and third quartiles of selling prices. Check whether there are any outliers.

Solution Summary: The author explains how to construct a boxplot of selling prices, which shows that there are no outliers in the variable selling price.

Concept explainers

Videos

Create a report on the selling prices of the homes. Construct a boxplot of selling prices. Find the first and third quartiles of selling prices. Check whether there are any outliers.

Construct a scatter diagram for selling price and size of home. Identify whether there is a relationship between the variables or not. Identify whether the relationship is direct or inverse.

Construct a scatter diagram for selling price and distance of home. Identify whether there is a relationship between the variables or not. Identify whether the relationship is direct or inverse.

Want to see the full answer?

Chapter 4 Solutions

Create a report on the selling prices of the homes.

Construct a boxplot of selling prices.

Find the first and third quartiles of selling prices.

Check whether there are any outliers.

Construct a scatter diagram for selling price and size of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.

Construct a scatter diagram for selling price and distance of home.

Identify whether there is a relationship between the variables or not.

Identify whether the relationship is direct or inverse.