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Jim is a real estate analyst for the Canada Housing & Mortgage Corporation ( CHMC ) tasked with conducting a simple analysis of 3 0
Jim is a real estate analyst for the Canada Housing & Mortgage Corporation
CHMC tasked with conducting a simple analysis of detached units in the
innercity area of Calgary, Alberta. Support Jim by doing the following:
a Open the worksheet entitled Real Estate
b Define the data range as a data table. Ensure banded rows are enabled.
c Create another table below the data that includes the following. Ensure
your table is formatted bolding or borders and has row and column
headers to make clear what each calculation refers to
I. Calculate the mean, median, mode, min, and max of transaction
price, living area, lot area, closing date, and year built. If one or
more of these summary statistics is not possible to calculate
explain why.
d Create a scatter chart showing the correlation between transaction price
and living area. Include a title, labelled axes, trend line, and the equation of
the trend line. What is the slope and how could it be interpreted?
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