Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Forty cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. Vacancy Rate (in percent) Frequency 0 up to
Forty cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution.
Vacancy Rate (in percent) Frequency
0 up to 3 10
3 up to 6 6
6 up to 9 9
9 up to 12 5
12 up to 15 10
a.Calculate the average vacancy rate.(Round your answer to 4 decimal places.)
b.Calculate the variance and the standard deviation for this sample.(Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started