Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 02, 2024

In the summer of 2017 five flats were sold on Kirkland Street, Glasgow. The table below shows the sale prices. House Price (thousands of pounds)

In the summer of 2017 five flats were sold on Kirkland Street, Glasgow. The table below shows the sale prices.

House Price (thousands of pounds)

210

220

290

270

210

What is the (statistical) variance of the house prices in the table?

Select one:

a.1120

b.1520

c.1400

d.1900

e.none of these

Clear my choice

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

Recommended Textbook for

Energy, Foresight And Strategy

Authors: Thomas J Sargent

1st Edition

1317329686, 9781317329688

More Books

Students also viewed these Economics questions

Question

★★★★★

To compare two kinds of front- end designs, six of each kind were installed on a certain make of compact car. Then each car was run into a concrete wall at 5 miles per hour, and the following are the...

Answered: 1 week ago

Question

★★★★★

In Exercises a parametrization is given for a curve. (a) Graph the curve. What are the initial and terminal points, if any? Indicate the direction in which the curve is traced. (b) Find a Cartesian...

Answered: 1 week ago

Question

★★★★★

The daily amount of time, in hours, that Nicky spends surfing on the internet is a random variable X with density function Find the proportion of days on which she spends (i) less than two hours;...

Answered: 1 week ago

Question

★★★★★

A parent company is a producer of production equipment, some of which is acquired and used by the parents subsidiary companies. The parent offers a discount to the subsidiaries but still earns a...

Answered: 1 week ago

Question

★★★★★

Which OSI layer provides the interface between the applications used to communicate and the underlying network over which messages are transmitted? O a. application O b. session O c. transport O d....

Answered: 1 week ago

Question

★★★★★

1. Using the spreadsheet model from Case 2.1 as a starting point, use Solver to find the optimal set of projects to approve. The solution should maximize the total NPV from the approved projects, and...

Answered: 1 week ago

Question

★★★★★

You have just been hired as a financial anatyst for Lydex Company. a manufacturer of safety heimets. Your boss has asked you to perform a comprehensive analysis of the company's financial statements,...

Answered: 1 week ago

Question

★★★★★

Clearly EXPLAIN which area you have decided to focus on for your program/project development (i.e. recreation, housing, education, food security, elder abuse) and your rationale (the reason why) for...

Answered: 1 week ago

Question

★★★★★

Question 1: Evaluate the Role of Corporate Social Responsibility (CSR) in Modern Business Practices Question 2: Analyze the Impact of Globalization on Small and Medium-Sized Enterprises (SMEs)

Answered: 1 week ago

Question

★★★★★

Question 1: Discuss the Importance of Capital Structure in Financial Management. Analyze the Factors that Influence a Firm's Capital Structure Decision. Question 2: Evaluate the Efficient Market...

Answered: 1 week ago

Question

★★★★★

Evaluate the ecological and economic importance of invertebrates in providing ecosystem services. Focus on at least three types of services, such as pollination, decomposition, and biological...

Answered: 1 week ago

Question

★★★★★

Discuss the evolutionary adaptations that have enabled various groups of invertebrates to survive and thrive in extreme environments such as deep-sea hydrothermal vents, arid deserts, and polar...

Answered: 1 week ago

Question

★★★★★

1. Given your basic mental state, i.e. the state you often return to. Give this state a name that you recognize and that is easy to remember, such as irritability, frustration, joy, etc. Also give...

Answered: 1 week ago

Question

★★★★★

5. The next time a negative event occurs, or a negative memory occurs, think about how you need to perform to make this a success story.

Answered: 1 week ago

Question

★★★★★

1. To understand the impression you want the other or the others to have of yourself.

Answered: 1 week ago

Previous Question Next Question