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Zillow.com prices of the property sold (in thousands) in Washington, DC June 29-

ID: 3252598 • Letter: Z

Question

Zillow.com prices of the property sold (in thousands) in Washington, DC June 29-30, 2016 follows:

316

580

192

440

1860

2333

1775

844

843

785

265

1315

721

368

763

536

406

1261

1875

1213

299

205

825

1318

1451

625

1473

2093

449

1879

869

920

1700

2450

1460

1562

1380

888

1750

495

240

2250

1420

585

1456

949

1435

1475

945

645

To create a 5-bin frequency distribution using Excel’s array formula {=FREQUENCY()}:

a. Compute the minimun and maximun of the data using Excel functions = MIN and =MAX

b. Compute the bin width equal to 1.05 x (max-min)/number of bins

c. Compute the bin upper limits. The first bin upper limit = minimum + width. Bins must be equally spaced.

d. Compute frequencies of you bins. Next to the bin values, select a range of cells on the same rows as the bin values. Type = FREQUENCY and finish the inputs, and type). Enter the array formula by typing CTRL + SHIFT + ENTER. The array formula will display with curly braces like {=frequency(your inputs)}. If you have completed each step correctly your bins and frequencies will be:

Could you please include the formulas so I can do it in excel? Thanks

316

580

192

440

1860

2333

1775

844

843

785

265

1315

721

368

763

536

406

1261

1875

1213

299

205

825

1318

1451

625

1473

2093

449

1879

869

920

1700

2450

1460

1562

1380

888

1750

495

240

2250

1420

585

1456

949

1435

1475

945

645

Explanation / Answer

DataSet Put data into A1:A50

Problem A

Formula

Problem B

Formula

Problem C & D

Formula

192 205 240 265 299 316 368 406 440 449 495 536 580 585 625 645 721 763 785 825 843 844 869 888 920 945 949 1213 1261 1315 1318 1380 1420 1435 1451 1456 1460 1473 1475 1562 1700 1750 1775 1860 1875 1879 2093 2250 2333 2450