Information about mean-variance-standard deviation

Assignment Help Basic Statistics
Reference no: EM1391600

The sales records for a real estate company are given. From the sample data, the following frequency distribution has been developed.

Sale Price (1000's) Number of Houses Sold (frequency)

20-39 1

40-59 2

60-79 4

80-99 2

100-119 1

Compute the mean, variance and standard deviation for the grouped data. Based on the previous answer, how much could the realtor expect to make if he sells 3 houses?

Reference no: EM1391600

Questions Cloud

Average length of time-car arrival : What is the average length of time a car is in the yard, in the bump area, and in the painting area? What is the average length of time from when a car arrives until it leaves?
How to make decision to tax cookbooks : Government make decision to tax cookbooks as they fell that they encourage overeating and can lead to health issues, like obesity and heart disease.
Purpose underlying the use of this medication : Glucocorticoid drug inhalers are often included in a treatment regimen for asthma. Determine the purpose (mechanism) underlying the use of this medication.
Write essay on natural weight loss-weight loss surgery : Create the thesis and explain for a "compare and contrast" essay. Essay topic is "natural weight loss versus weight loss surgery".
Information about mean-variance-standard deviation : Compute the mean, variance and standard deviation for the grouped data. Based on the previous answer, how much could the realtor expect to make if he sells 3 houses?
Experimental medication to increase lung capacity : Suppose we want to design a new placebo-controlled trial to evaluate an experimental medication to increase lung capacity.
Lcoation of the isthmus of the thyroid gland : Determine which of the following relationships corresponds to the lcoation of the isthmus of the thyroid gland?
Develop message before you wrote email message : Write down the decisions you made for DECIDE: Step 1. State goal, Step 2. Estimate receiver / situation and Step 3. Develop message before you wrote email message.
What is the minimum number of service bays fast lube needs : what is the minimum number of service bays fast lube needs to achieve an anticipated production of 300 cars per 8 hour day?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd