The sales records of a real estate company for the month of May shows the following house prices (rounded to the nearest $1,000). Values are in thousands of dollars.
a.
Develop a frequency distribution and a percent frequency distribution for the house prices. (Use 5 classes and have your first class be 20 - 39.)
b.
Develop a cumulative frequency and a cumulative percent frequency distribution for the above data.
c.
What percentage of the houses are sold at a price below $80,000?
Correct Answer:
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