Managerial statistics

Chapter 1 1. Assume that you collected the sales data (see below) on homes listed and sold in Brandon and Winnipeg. Model/Type Markets Listing ($) Sale Price ($) Two-Storey Brandon 490,000 520,000 Bungalow Winnipeg 520,000 529,000 Two-Storey Winnipeg 620,000 645,000 Bungalow Winnipeg 519,000 519,000 Bungalow Brandon 380,000 415,000 Bungalow Winnipeg 515,000 545,000 Two-Storey Brandon 508,000 510,000 Two-Storey Winnipeg 630,000 635,000 Required Based on the data provided: a. What is the average listing price for two-storey homes in Winnipeg? b. What is the average selling price of bungalows in Brandon