Type of properties. Consider the different types of property in a residential area. The number of units

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Type of properties. Consider the different types of property in a residential area. The number of units for each property type are listed in the following table. Type Units Apartment 4,500 Condominium 6,740 Single story house 1,230 Double story house 5,980 Semidetached house 685

a. Construct a Pareto diagram for the data. Use the graph to identify the most frequently observed type of property.

b. The following table provides the four different types of condominium based on the number of bathrooms in a unit. Form a Pareto diagram for the type of condominium. (Adding this graph to the original Pareto diagram of part

a. is called exploding the Pareto diagram.) Interpret the result. Which type of condominium has the developer built the most in the residential area? Condominium Units Studio unit 850 Two-bathroom unit 2,005 Three-bathroom unit 3,010 Four-bathroom unit 875

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Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9781292413396

14th Global Edition

Authors: James McClave, P. Benson, Terry Sincich

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