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A real estate company compiled data on the prices at which 35 homes sold during a one month in a county in New Jersey. Some

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A real estate company compiled data on the prices at which 35 homes sold during a one month in a county in New Jersey. Some summary statistics from Minitab for the home prices are given below. (Note that home prices are in thousands of dollars.) Descriptive Statistics: home prices Variable N home prices 35 Mean SE Mean StDev Minimum 260.8 Q1 Median Q3 Maximum 24.6 145.6 80.0 165.0 220.0 307.0 626.0 1. One of the houses in this data set sold for 350 thousand dollars. Six houses sold for more than that. Calculate and interpret the percentile and z-score for this house's price. Below is a cumulative relative frequency graph for the length of time a group of 62 students spent on a no-time-limit final exam in Algebra II. The on exam (itdates ) 2. What are the median and interquartile range for the amount of time these students spent on the exam? Draw lines on the graph to show how you arrived at your answers. 3. According to these data, the mean time students spent on the exam was 94.1 minutes, and the standard deviation was 24.23 minutes. Suppose the exam proctor realized after compiling these data that he had used the wrong start time in his calculation, so that each value for time spent on exam needs to be reduced by 15 minutes. He also wants to express the times in hours, rather than minutes. Find the mean and standard deviation of the transformed data

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