Develop a scatter diagram with price on the vertical axis and the size of the home on the horizontal

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

Use Excel to calculate all the statistics and create graphs. What to submit:

1. Excel spreadsheet with your work and calculations

2. Written answers and paste graphs in a word document (pdf format).

3. Upload the two documents Excel Help:

1.  Assignment: Follow instructions below and answer all question. Paste all answers into this word document, and show all your work in the excel spreadsheet. (USE COMPLETE SENTENCES)

1. Download Real Estate data which reports information on homes sold in the Goodyear, Arizona, area during the last year. Select an appropriate class interval and organize the selling prices into a frequency distribution. Create a histogram. (PASTE SCREENSHOT OF HISTOGRAM) Around what values do the data tend to cluster? What is the largest selling price? What is the smallest selling price? Draw a cumulative frequency distribution. How many homes sold for less than $200,000? Estimate the percent of the homes that sold for more than $220,000. What percent of the homes sold for less than $125,000? Refer to the variable regarding the townships. Draw a bar chart showing the number of homes sold in each township. Are there any differences or is the number of homes sold about the same in each township? Descriptive Statistics What is the mean selling price? What is the median selling price? Is one measure more representative of the typical selling prices than the others? What is the range of selling prices? What is the standard deviation? Develop a box plot. Estimate the first and the third quartiles. Are there any outliers? Develop a scatter diagram with price on the vertical axis and the size of the home on the horizontal. Does there seem to be a relationship between these variables? Is the relationship direct or inverse? Explain in words.

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