Old MathJax webview

Old MathJax webview

Old MathJax webview

Question: Considering the home market value data provided as a population of homeowners on this street, compute the mean, variance, and standard deviation for each of the variables using a spreadsheet and these formulas. Verify your calculations using the appropriate excel function.

Identify the number of data values for the house age data. The number of data values is (Type a whole number.) Compute the mean of the house age data. The population mean of the house age data is (Round to two decimal places as needed.) Compute the deviation from the mean for the first house's age of 27 years The deviation from the mean is (Round to two decimal places as needed.) Compute the variance of the house age data. The population variance of the house age data is (Round to two decimal places as needed.) info Compute the standard deviation of the house age data The population standard deviation of the house age data is (Round to two decimal places as needed.) Compute the mean of the square feet data. The population mean of the square feet data is - (Round to two decimal places as needed.) Compute the deviation from the mean for the first house's square footage of 1,684 square feet. The deviation from the mean is 1) (Round to two decimal places as needed.) Compute the variance of the square feet data. The population variance of the square feet data is (Round to two decimal places as needed) Compute the standard deviation of the square feet data. The population standard deviation of the square feet data is (Round to two decimal places as needed.) Compute the mean of the market value data. The population mean of the market value data is $ (Round to two decimal places as needed.) Compute the deviation from the mean for the first house's market value of $96.700 The deviation from the mean is $ 1 (Round to two decimal places as needed.) Compute the variance of the market value data ^ The population variance of the market value data is s (Round to two decimal places as needed.) Compute the standard deviation of the market value data, The population standard deviation of the market value data is $||1 (Round to two decimal places as needed.) Enter your answer in each of the answer boxes! - i Home Market Value Data u Home Market Value House Age Square Feet 27 1,684 32 1,620 33 1,850 32 1.731 32 1,732 27 1.520 32 2,123 27 1,484 28 1.598 27 1.484 28 1520 33 1.666 32 1 620 28 1.484 32 11692 Market Value $96,700 $94,700 $96,000 $86,400 $87,600 $88,600 $116,100 $79,800 $87.100 $81.300 $83.400 $88 400 $96.700 $82 000 $87.500 Print Done i Formulas If a population consists of N observations X4, X2, ..., XN, the population mean pis N calculated as a i=1 N N i = 1 The formula for the variance of a population is o? N where x; is the value of the ith item. N is the number of items in the population, and p is the population mean. (1-1): i = 1 For a population, the standard deviation is computed as o = N where x is the value of the ith item. N is the number of items in the population and p is the population mean