Mean-median and standard deviation

Reference no: EM1319855

Select the variable referring to the area of the home in square feet.

1. Find the mean, median, and the standard deviation.

2. Write a brief summary of the distribution of the area of homes.

Refer to the Real Estate data, which reports information on homes sold in the Denver, Colorado, area last year.

x₁	=	Selling price in $000
x₂	=	Number of bedrooms
x₃	=	Size of the home in square feet
x₄	=	Pool (1 = yes, 0 = no)
x₅	=	Distance from the center of the city in miles
x₆	=	Township
x₇	=	Garage attached (1 = yes, 0 = no)
x₈	=	Number of bathrooms
105 homes sold

x₁	x₂	x₃	x₄	x₅	x₆	x₇	x₈
263.1	4	2,300	1	17	5	1	2
182.4	4	2,100	0	19	4	0	2
242.1	3	2,300	0	12	3	0	2
213.6	2	2,200	0	16	2	0	2.5
139.9	2	2,100	0	28	1	0	1.5
245.4	2	2,100	1	12	1	1	2
327.2	6	2,500	0	15	3	1	2
271.8	2	2,100	0	9	2	1	2.5
221.1	3	2,300	1	18	1	0	1.5
266.6	4	2,400	0	13	4	1	2
292.4	4	2,100	0	14	3	1	2
209	2	1,700	0	8	4	1	1.5
270.8	6	2,500	0	7	4	1	2
246.1	4	2,100	0	18	3	1	2
194.4	2	2,300	0	11	3	0	2
281.3	3	2,100	0	16	2	1	2
172.7	4	2,200	1	16	3	0	2
207.5	5	2,300	1	21	4	0	2.5
198.9	3	2,200	1	10	4	1	2
209.3	6	1,900	1	15	4	1	2
252.3	4	2,600	0	8	4	1	2
192.9	4	1,900	1	14	2	1	2.5
209.3	5	2,100	0	20	5	0	1.5
345.3	8	2,600	0	9	4	1	2
326.3	6	2,100	0	11	5	1	3
173.1	2	2,200	1	21	5	1	1.5
187	2	1,900	0	26	4	0	2
257.2	2	2,100	0	9	4	1	2
233	3	2,200	0	14	3	1	1.5
180.4	2	2,000	0	11	5	0	2
234	2	1,700	0	19	3	1	2
207.1	2	2,000	0	11	5	1	2
247.7	5	2,400	0	16	2	1	2
166.2	3	2,000	1	16	2	1	2
177.1	2	1,900	0	10	5	1	2
182.7	4	2,000	1	14	4	0	2.5
216	4	2,300	0	19	2	0	2
312.1	6	2,600	0	7	5	1	2.5
199.8	3	2,100	0	19	3	1	2
273.2	5	2,200	0	16	2	1	3
206	3	2,100	1	9	3	0	1.5
232.2	3	1,900	1	16	1	1	1.5
198.3	4	2,100	1	19	1	1	1.5
205.1	3	2,000	1	20	4	0	2
175.6	4	2,300	1	24	4	1	2
307.8	3	2,400	1	21	2	1	3
269.2	5	2,200	0	8	5	1	3
224.8	3	2,200	0	17	1	1	2.5
171.6	3	2,000	1	16	4	0	2
216.8	3	2,200	0	15	1	1	2
192.6	6	2,200	1	14	1	0	2
236.4	5	2,200	0	20	3	1	2
172.4	3	2,200	0	23	3	0	2
251.4	3	1,900	0	12	2	1	2
246	6	2,300	0	7	3	1	3
147.4	6	1,700	1	12	1	0	2
176	4	2,200	0	15	1	1	2
228.4	3	2,300	0	17	5	1	1.5
166.5	3	1,600	1	19	3	0	2.5
189.4	4	2,200	0	24	1	1	2
312.1	7	2,400	0	13	3	1	3
289.8	6	2,000	0	21	3	1	3
269.9	5	2,200	1	11	4	1	2.5
154.3	2	2,000	0	13	2	0	2
222.1	2	2,100	0	9	5	1	2
209.7	5	2,200	1	13	2	1	2
190.9	3	2,200	1	18	3	1	2
254.3	4	2,500	1	15	3	1	2
207.5	3	2,100	1	10	2	0	2
209.7	4	2,200	1	19	2	1	2
294	2	2,100	0	13	2	1	2.5
176.3	2	2,000	1	17	3	0	2
294.3	7	2,400	0	8	4	1	2
224	3	1,900	1	6	1	1	2
125	2	1,900	0	18	4	0	1.5
236.8	4	2,600	1	17	5	1	2
164.1	4	2,300	0	19	4	0	2
217.8	3	2,500	0	12	3	0	2
192.2	2	2,400	0	16	2	0	2.5
125.9	2	2,400	0	28	1	0	1.5
220.9	2	2,300	1	12	1	1	2
294.5	6	2,700	0	15	3	1	2
244.6	2	2,300	0	9	2	1	2.5
199	3	2,500	1	18	1	0	1.5
240	4

Reference no: EM1319855

Questions Cloud

Least squares method to find regression coefficients : Supposing a linear relationship, use the least squares method to find the regression coefficients b 0 and b 1 .

Test to see if population means are the same or different : Test to see if population means are the same or different

Hypothesis test for independent samples t-test : At the 0.10 significance level, can we conclude that the annual rates of return are higher on the big board?

State at least two hypotheses : State at least two hypotheses you might use, specifically stating the null & alternate hypotheses & the type errors that might occur.

Mean-median and standard deviation : Write a brief summary of the distribution of the area of homes.

Mean-median-standard deviation and range : Find the range and the standard deviation of the times.

Stating the null & alternate hypotheses : Stating the null & alternate hypotheses

Fin the critical value, test statistics and the conclusion : In a survey of 700 randomly selected workers, 16 percent got their jobs through newspaper ads. Consider hypothesis test that uses 0.05 significance level [95 percent confidence interval], test the claim that less than 20 percent of workers got thei..

Find the test statistics : Find the test statistics

User Account

All Pages