The file S02_11.xlsx contains data on 148 houses that were recently sold in a (fictional) suburban community.
The data set includes the selling price of each house, along with its appraised value, square footage, number of bedrooms, and number of bathrooms.
a. Which of these variables are continuous? Which are discrete?
b. Create histograms for the appraised values and selling prices of the houses. How are these two distributions similar? How are they different?
c. Find the maximum and minimum sizes (measured in square footage) of all sample houses.
d. Find the house(s) at the 80th percentile of all sample houses with respect to appraised value. Find the house(s) at the 80th percentile of all sample houses with respect to selling price.
e. What are the typical number of bedrooms and the typical number of bathrooms in this set of houses? How do you interpret the word “typical?”