Find expected counts.
-A real estate agency, located in a metropolitan area in the northeastern U.S., kept data
On the various types of properties purchased in the area. Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land. With changing demographics, the agency
Wondered if the current distribution matches the historical distribution. Recent data
Showed the following: $$\begin{array} { l | c | c | c | c | c }
\text { Type of Property } & \text { Condos } & \text { Townhouses } & \text { Homes } & \text { Commercial } & \text { Land } \
\hline \text { Frequency } & 89 & 121 & 78 & 25 & 12
\end{array}$$
Based on the historical distribution, we would expect how many homes to be purchased?
A) 121
B) 122.54
C) 130
D) 129.95
E) 100

Question

Find expected counts.
-A real estate agency, located in a metropolitan area in the northeastern U.S., kept data
On the various types of properties purchased in the area. Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land. With changing demographics, the agency
Wondered if the current distribution matches the historical distribution. Recent data
Showed the following: $$\begin{array} { l | c | c | c | c | c } 
\text { Type of Property } & \text { Condos } & \text { Townhouses } & \text { Homes } & \text { Commercial } & \text { Land } \
\hline \text { Frequency } & 89 & 121 & 78 & 25 & 12
\end{array}$$
Based on the historical distribution, we would expect how many homes to be purchased?
A) 121
B) 122.54
C) 130
D) 129.95
E) 100

Quizplus · Accepted Answer

The Answer of Find expected counts.
-A real estate agency, located in a metropolitan area in the northeastern U.S., kept data
On the various types of properties purchased in the area. Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land. With changing demographics, the agency
Wondered if the current distribution matches the historical distribution. Recent data
Showed the following: $$\begin{array} { l | c | c | c | c | c } 
\text { Type of Property } & \text { Condos } & \text { Townhouses } & \text { Homes } & \text { Commercial } & \text { Land } \
\hline \text { Frequency } & 89 & 121 & 78 & 25 & 12
\end{array}$$
Based on the historical distribution, we would expect how many homes to be purchased?
A) 121
B) 122.54
C) 130
D) 129.95
E) 100

Find Expected Counts Based on the Historical Distribution, We Would Expect How Many