Real estate. The Wall Street Journal reported in March 2007 that the real estate market in Nashville,

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Real estate. The Wall Street Journal reported in March 2007 that the real estate market in Nashville, Tennessee, slowed slightly from 2006 to 2007. The supporting data are summarized in the following table.

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a) What percent of all sales in February 2006 were condominiums (condos)? In February 2007?

b) What percent of the sales in February 2006 were multifamily? In February 2007?

c) What was the change in the percent of residential real estate sales in Nashville, Tennessee, from February 2006 to February 2007?

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Business Statistics

ISBN: 9780321716095

2nd Edition

Authors: Norean D. Sharpe, Paul F. Velleman, David Bock, Norean Radke Sharpe

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