Solved

A Sample of 117 Records of the Selling Price of Homes

Question 90

Multiple Choice

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. 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.   From this we can conclude that, A) There are no outliers B) More homes were sold for greater than $121750 than for less than $77650 C) 68% of the selling price of these homes is from $77650 to $121750 D) 25% of the selling price of these homes is at least $121750 E) The distribution of selling price of these homes is negatively skewed. From this we can conclude that,


A) There are no outliers
B) More homes were sold for greater than $121750 than for less than $77650
C) 68% of the selling price of these homes is from $77650 to $121750
D) 25% of the selling price of these homes is at least $121750
E) The distribution of selling price of these homes is negatively skewed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents