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A real estate major collected information on some recent local home sales. The first 6 lines of the database appear in the accompanying table. The
A real estate major collected information on some recent local home sales. The first 6 lines of the database appear in the accompanying table. The columns correspond to the house identification number, the community name, the zip code, the number of acres of the property, the year the house was built, the market value, and the size of the living area (in square feet). Do the data appear to have come from a designed survey or experiment? What concerns might you have about drawing conclusions from this data set? Click the icon to view the data table. - X Local home sales Do the data appear to have come from a designed survey or experiment? O A. It is not clear if the data were obtained from an experiment. They are certainly not from a survey. House_ID Neighborhood Mail_Zip Acres Yr_Built Full_Market_Value SFLA O B. It is not clear if the data were obtained from a survey. They are certainly not from an experiment. 413400536 Greenfield Manor 12859 1.00 1962 00400 960 4128001474 Fort Amherst 12801 0.09 1961 132494 908 O C. The data were certainly not obtained from survey or an experiment. 412800344 Dublin 12309 1.69 1993 140000 1620 O D. It is not clear if the data were obtained from a survey or an experiment. 4128001552 Granite Springs 10598 0.33 1968 6710 900 412800352 Arcady 10562 2.29 1954 190000 1222 What concerns might you have about drawing conclusions from this data set? 413400322 Ormsbee 12859 9.19 1997 126900 1056 A. It is unknown who were participants in the experiment, so one should be cautious in drawing conclusions from these data about the housing market in general. O B. It is known that the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. O C. It is unknown if the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. Print Done O D. It is unknown what kind of survey was used, so one should be cautious in drawing conclusions from these data about the housing market in general
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