THE NEXT THREE (3) QUESTIONS REFER TO THE FOLLOWING TABLE OF SAMPLE PROPERTY SALES IN A COMMUNITY: Lot Number Sale Price Bedrooms Age 1 $201,100 2 9 9 2 $202,500 1 4 3 $241,500 3 12 4 $249,300 2 6 5 $296,100 2 4 6 $301,900 2 5 7 $319,000 3 18 8 $501,600 3 3 9 $590,000 4 10 10 $788,600 4 2 11 $798,200 3 0 15. Based on your knowledge of the mean and median of a set of data, does the data related to "Sale Price" follow a normal distribution? (1) Yes, the sale price data follows a normal distribution. (2) No, the sale price data does NOT follow a normal distribution. (3) The data follows a binomial distribution. (4) The given information is insufficient to answer the question. a Assignment 11 continues next page 11.8 Lesson 11: Multiple Regression and Real Estate 16. Calculate the standard deviation of the sale price. Hint: Since we are dealing with a sample, the divisor for the variance and standard deviation calculation is N-1. (1) $458,046 (2) $225,531 (3) $184,770 (4) $335,635 17. Calculate the coefficient of dispersion (COD). (1) 54.41% (2) 49.67% (3) 55.55% (4) 51.14%