Question
A company that provides in-depth analysis of the GTA's condo market is seeing a greater increase in the price of parking at condo projects in
A company that provides in-depth analysis of the GTA's condo market is seeing a greater increase in the price of parking at condo projects in January 2022 . A researcher randomly selected 11 new condo projects and analyzed the costs of parking spaces. See the table below (selling prices are given in $ thousands).
1 | 2 | 3 | 4 | 5 | 6 | |
Price | 36.00 | 37.00 | 38.00 | 42.00 | 42.00 | 42.00 |
Location | Scarborough | Mississauga | Etobicoke | Etobicoke | Downtown | North York |
7 | 8 | 9 | 10 | 11 | |
Price | 45.00 | 46.00 | 50.00 | 51.00 | 98.00 |
Location | Etobicoke | Downtown | Downtown | Etobicoke | Downtown |
Round all final answers to 2 decimal places.
(a) Calculate the mean selling price for the given sample: (b) Calculate the median selling price for the given sample. (c) Determine the mode for the given sample. (d) Which of these three measurements (mean, median, or mode) would best describe the central tendency of the data? choose one:
1. Median, since the data is skewed to the left.
2. Median, since the data is skewed to the right.
3. Mean, since the data is symmetric.
4.Mode, since the data is central around this value.
5.Mean, since this is the average of the data.
6.None of the above.
(e) Calculate P25P25: (f) Calculate P75P75: (g) Calculate IQRIQR: (h)Identify the boxplot for this data: CHOOSE ONE:
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