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According to Zillow.com, here is a list of the prices of the property sold (in t

ID: 3048718 • Letter: A

Question

According to Zillow.com, here is a list of the prices of the property sold (in thousands) in Phoenix, AZ November 9 - 13, 2017. Use Excel’s capability (=FREQUENCY()) to create a frequency distribution using 5 bins.

247

190

210

211

415

567

195

187

150

313

280

305

202

326

170

572

182

195

325

290

86

182

229

405

442

210

152

155

308

314

520

195

200

572

170

173

208

330

369

590

57

268

247

175

175

180

265

244

490

290

Hint: To score the full points for this question, set it up so that Excel calculate the bins for you. This way if you change the data the bins are changed automatically.

247

190

210

211

415

567

195

187

150

313

280

305

202

326

170

572

182

195

325

290

86

182

229

405

442

210

152

155

308

314

520

195

200

572

170

173

208

330

369

590

57

268

247

175

175

180

265

244

490

290

Explanation / Answer

Frequency distribution using 5 bins

Here class width calculted as (max - min)/5 = (590 - 57)/5 = 107

Bin Frequency 51-158 5 159-266 24 267-374 12 375-482 3 483-590 6
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