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A real estateagency, located in a metropolitan area in the northeasternU.S.,kept data on the various types of properties purchased in the area. Historically, 15% of
A real estateagency, located in a metropolitan area in the northeasternU.S.,kept data on the various types of properties purchased in the area. Historically, 15% of purchases were forcondominiums, 30% were fortownhouses,40% for single familyhomes, 10% for commercial properties and5%for land. With changingdemographics, the agency wondered if the current distribution matches the historical distribution. Recent data showed the following table below. What is the standardized residual associated with Townhouses? (Round to two decimal places.) Type of Property Condo Townhouse Homes Commercial Land Frequency 89 121 78 25 12 type your
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