Question
2 A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property
2
A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of $179,200, with a standard deviation of $75,915. The mean living area is 2107 sqft, with a standard deviation of 724 sq ft. Which is moreunusual, a house in that market that sells for $390,000 or a house that has 3900 sq ft of livingarea? Explain.
Choose the correct answer below.
The house that sells for $390,000 has az-score of ? and the house with 3900 sq ft has az-score of ?.
. Thus, a house in that market that blank? is more unusual than a house that has blank?.
.
(Round to two decimal places asneeded.)
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