Solved

A Sample of 117 Records of the Selling Price of Homes

Question 69

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.  Variable N Mearn  Mirirmum  Q1  Mediarl  Q3  Maxirmlum  Prices 117106270540007765096000121750215000\begin{array} { | l | l | l | l | l | l | l | l | } \hline \text { Variable } & \mathrm { N } & \text { Mearn } & \text { Mirirmum } & \text { Q1 } & \text { Mediarl } & \text { Q3 } & \text { Maxirmlum } \\\hline \text { Prices } & 117 & 106270 & 54000 & 77650 & 96000 & 121750 & 215000 \\\hline\end{array} 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