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Refer to the Real Estate data, which reports information on homes sold in the Goodyear, Arizona, area during the last year. Prepare a report on the selling prices of the homes. Be sure to answer the following questions in your report.
a. Develop a box plot. Estimate the first and the third quartiles. Are there any outliers?
b. Develop a scatter diagram with price on the vertical axis and the size of the home on the horizontal. Does there seem to be a relationship between these variables? Is the relationship direct or inverse?
c. Develop a scatter diagram with price on the vertical axis and distance from the center of the city on the horizontal axis. Does there seem to be a relationship between these variables? Is the relationship direct or inverse?
If a survey of 109 randomly selected united states residents is to be taken, what is the approximate probability that at least 60 will be under 31 years of age?
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LINEAR PROGRAMMING MODELS
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what is the probability that at least 2 of the presidents of the united states have died on the same day of the year?
Mean output of solar cells of three types are measured six times under random light intensity over a period of 5 minutes, yielding the results shown. Research Question: Is the mean solar cell output the same for all cell types?
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For this process what is the proportion of shafts with a diameter between 19.89 mm and 20.00 mm?
A manufacturer produces and sells chilled, ready-to-eat pasta salad in round lots of 50 serving units each. These items have a very limited shelf life; therefore, if items are made but not sold, they have no value.
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