A sample of 117 records of the selling price of homes from Feb 15 to Apr 30, 2018 was taken from the files maintained by the Albuquerque Board of Realtors. The following are summary statistics for the...


Question 36


A sample of 117 records of the selling price of homes from Feb 15 to Apr 30, 2018 was taken from the files maintained by the<br>Albuquerque Board of Realtors. The following are summary statistics for the selling prices.<br>Variable<br>N<br>Мean<br>Minimum<br>Q1<br>Median<br>Q3<br>Мaximum<br>Prices<br>117<br>106270<br>54000<br>77650<br>96000<br>121750<br>215000<br>From this we can conclude that,<br>The distribution of selling price of these homes is negatively skewed.<br>More homes were sold for greater than $121750 than for less than $77650<br>68% of the selling price of these homes is from $77650 to $121750<br>25% of the selling price of these homes is at least $121750<br>There are no outliers<br>O O O O<br>

Extracted text: A sample of 117 records of the selling price of homes from Feb 15 to Apr 30, 2018 was taken from the files maintained by the Albuquerque Board of Realtors. The following are summary statistics for the selling prices. Variable N Мean Minimum Q1 Median Q3 Мaximum Prices 117 106270 54000 77650 96000 121750 215000 From this we can conclude that, The distribution of selling price of these homes is negatively skewed. More homes were sold for greater than $121750 than for less than $77650 68% of the selling price of these homes is from $77650 to $121750 25% of the selling price of these homes is at least $121750 There are no outliers O O O O

Jun 01, 2022
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