Refer to the Real Estate data, which reports information on homes sold in the area during the last year. Select one of the agents and complete the following. Include your answers in your spreadsheet...


Refer to the Real Estate data, which reports information on homes sold in the area during the last year. Select one of the agents and complete the following. Include your answers in your spreadsheet (only upload one file with appropriately labeled tabs).


A. Based upon the agent you chose, develop a 95% confidence interval for the mean selling price of the homes he/she sold.


B. Based upon the agent you chose, develop a 95% confidence interval for the mean days on market.


C. Based upon the agent you chose, develop a 95% confidence interval for the proportion of homes with a pool.


D. What would you do if your confidence intervals did not include the mean of 105 homes? How could this happen?




Real Estate 17e recordAgentPriceSizeBedroomsBathsPool (yes is 1)Garage (Yes is 1)DaysTownshipMortgage typeYearsFICODefault (Yes is 1) 1Marty206424182021.511332Fixed28240 2Rose34615030103200364Fixed98200 3Carter37236032104301212Fixed188190 4Peterson310622333032.510263Fixed178170 5Carter496100451064.501134Fixed178160 6Peterson29408634404311314Fixed198130 7Carter228810263042.501394Adjustable108130 8Isaacs384420447053.501262Fixed68120 9Peterson416120404053.501264Fixed38100 10Isaacs48749443806411323Fixed68080 11Rose44880052806401354Fixed88061 12Peterson38896044204301502Adjustable98051 13Marty335610297032.501253Adjustable98011 14Rose276000230021.500341Fixed207980 15Rose34642129704311173Adjustable107950 16Isaacs45391336606411123Fixed187920 17Carter376146329053.511282Adjustable97921 18Peterson694430590053.511363Adjustable107880 19Rose25126920503211383Fixed167860 20Rose547596492064.511375Fixed27850 21Marty214910195021.510204Fixed67840 22Rose188799195021.510521Fixed107820 23Carter45995046804311314Fixed87810 24Isaacs264160254032.501401Fixed187800 25Carter39355731804311541Fixed207760 26Isaacs478675466053.511265Adjustable97730 27Carter384020422053.501234Adjustable97721 28Marty31320036004301313Fixed197720 29Isaacs27448229903210373Fixed57690 30Marty167962192021.511315Fixed67690 31Isaacs175823197021.510285Adjustable97661 32Isaacs22649825204311283Fixed87631 33Carter31682731504311224Fixed27591 34Carter189984155021.510222Fixed177580 35Marty36635030903211233Fixed57541 36Isaacs41616040804301254Fixed127530 37Isaacs30800035004301372Fixed187520 38Rose29435726204311154Fixed107510 39Carter33714427904311193Fixed157490 40Peterson29973029103200312Fixed137480 41Rose44574043704301193Fixed57460 42Rose41059242004311271Adjustable97411 43Peterson667732557053.511295Fixed47400 44Rose52358450506411195Adjustable107390 45Marty33600033603200323Fixed67370 46Marty20259822703210281Fixed107370 47Marty326695283032.510304Fixed87360 48Rose32132027703201234Fixed67360 49Isaacs24682028704301275Fixed137350 50Isaacs54608459106411355Adjustable107310 51Isaacs793084680085.511274Fixed67290 52Isaacs174528160021.510392Fixed157280 53Peterson39255439704311304Fixed177260 54Peterson26316030603201263Fixed107260 55Rose237120190021.510143Fixed187230 56Carter225750215021.511272Fixed157150 57Isaacs84842071906401491Fixed57100 58Carter371956311053.511295Fixed87100 59Carter404538329053.511242Fixed147070 60Rose25009028104301185Fixed117040 61Peterson369978383042.511274Fixed107030 62Peterson209292163021.510183Fixed107010 63Isaacs190032185021.511304Adjustable26750 64Isaacs216720252032.50024Adjustable56741 65Marty32341732204311224Adjustable26730 66Isaacs31621030703200301Adjustable16730 67Peterson226054209021.511281Adjustable66700 68Marty18392020903200302Adjustable86691 69Rose248400230032.511502Adjustable46670 70Isaacs466560576053.501424Adjustable36650 71Rose66721261106411213Adjustable86621 72Peterson362710437042.501241Adjustable26560 73Rose265440316053.511225Adjustable36530 74Rose70659666007511403Adjustable76521 75Marty29370033003200144Adjustable76471 76Marty199448233021.511253Adjustable56441 77Carter36953342304311322Adjustable26420 78Marty230121203021.510212Adjustable36390 79Marty169000169021.500201Adjustable76391 80Peterson190291204021.511314Adjustable66311 81Rose39358446604311343Adjustable76301 82Marty363792286032.511485Adjustable36260 83Carter360960384064.501322Adjustable56261 84Carter31087731803211401Adjustable66241 85Peterson919480767085.511304Adjustable16230 86Carter39290434003210402Adjustable86181 87Carter200928184021.511364Adjustable36181 88Carter53790048906401231Adjustable76140 89Rose258120239032.501231Adjustable66141 90Carter55834261606411243Adjustable76130 91Marty302720344042.501383Adjustable36091 92Isaacs240115222021.510395Adjustable16090 93Carter79365665307511534Adjustable36051 94Peterson218862193021.510584Adjustable16040 95Peterson38308135103211272Adjustable66011 96Marty35152033803201352Adjustable85991 97Peterson84149170306411504Adjustable85961 98Marty336300285032.500281Adjustable65951 99Isaacs31286337506411124Adjustable25950 100Carter27503330603211273Adjustable35930 101Peterson229990211021.500373Adjustable65911 102Isaacs195257213021.510115Adjustable85911 103Marty194238165021.511302Adjustable75901 104Peterson34852827404311275Adjustable35841 105Peterson241920224021.501345Adjustable85831 FICO Residual Plot 824820819817816813813812810808806805801798795792792788786785784782781780776773772772769769766763759758754753752751749748746741740739737737736736735731729728726726723715710710707704703701675674673673670669667665662656653652647644642639639631630626626624623618618614614613609609605604601599596595595593591591590584583FICO Residuals Type code Residual Plot Type code Residuals Normal Probability Plot Sample Percentile Years
Sep 29, 2021
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