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The information below refers to the selling prices of homes sold in Warren, PA,

ID: 2922138 • Letter: T

Question

The information below refers to the selling prices of homes sold in Warren, PA, during 2007.

Selling Price

Frequency

120,000 up to 150,000

7

150,000 up to 180,000

20

180,000 up to 210,000

35

210,000 up to 240,000

22

240,000 up to 270,000

18

270,000 up to 300,000

11

300,000 up to 330,000

7

What is the class interval?

None of the above

How many total homes were sold in 2007?

How many homes sold for less than $210,000?

What is the relative frequency of the '210 up to 240' class?

Question 6 options:

What is the midpoint of the '300 up to 330' class?

Question 7 options:

None of the above

The selling prices range between what two amounts?

Question 8 options:

Selling Price

Frequency

120,000 up to 150,000

7

150,000 up to 180,000

20

180,000 up to 210,000

35

210,000 up to 240,000

22

240,000 up to 270,000

18

270,000 up to 300,000

11

300,000 up to 330,000

7

Explanation / Answer

The given information refers to  the selling prices of homes sold in Warren, PA, during 2007.

1 ) Class interval are nothing but the subdivisions within range of values

Option D )None of the above is correct

2 )  total homes were sold in 2007 = 7+20+35+22+18+11+7 = 120 ......( Answer )

Option B ) 120 is correct

3 ) number of homes sold for less than $210,000 = 7+20+35 = 62

Option A ) 62 is correct

4 )the relative frequency of the '210 up to 240' class is calculated as

Q 6 ) Relative Frequency can be calculated as

Relative frequency for class 210-240 = 0.1833 = 18.33%

OPtion B ) 18.33% is correct

Q 7 ) Midpoint of 300-320 class

Midpoint = (300000+320000)/2=31000

Option D) None of the above is correct

Class Freq Relative Freq 120-150 7 0.0583 150-180 20 0.1667 180-210 35 0.2917 210-240 22 0.1833 240-270 18 0.1500 270-300 11 0.0917 300-330 7 0.0583 total 120