Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help me with this CASE 17 HOUSE_ID NEIGHBOURHOOD ACRES YR_BUILT FULL_MARKET_VALUE SFLA 413400536 Greenfield Manor 1.00 1967 100400 960 4128001474 Fort Amherst 0.09 1961 132500

help me with this

image text in transcribed
CASE 17 HOUSE_ID NEIGHBOURHOOD ACRES YR_BUILT FULL_MARKET_VALUE SFLA 413400536 Greenfield Manor 1.00 1967 100400 960 4128001474 Fort Amherst 0.09 1961 132500 906 412800344 Dublin 1.65 1993 140000 162 4128001552 Granite Springs 0.33 1969 67100 900 412800352 Arcady 2.29 1955 190000 1224 413400322 Ormsbee 9.13 1997 126900 1056 This is the data collected for the real estate market. The next 4 questions are based on the above table. 1. Describe each of the variable as per the category to which they belong. If they are categorical in nature then are they ordinal or nominal? 2. Is this data time series or cross sectional? Give reason for your reply. 3. Does this data seem to come from a designed survey or experiment? What problems you may encounter in analysing this data? 4. Calculate the mean and median acres and interpret the result. If there are highly different from each other, then what is the reason for it? 5. Define the terms relative frequency and cumulative frequency. How are they related to frequency distribution? 6. A man travelled by car for 3 days. He covered 480 km each day. On the first day he drove for 10 hours at 48 km an hour, on the second day he drove for 12 hours at 40 km an hour, and on the last day he drove for 15 hours at 32 km per hour. What was his average speed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra 2

Authors: Randall I. Charles, Basia Hall, Dan Kennedy, Laurie E Bass

Student Edition

0133500438, 978-0133500431

More Books

Students also viewed these Mathematics questions