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lerpret measures of correlation between the two funds. CASE STUDY 3.3 Due to a c

ID: 3338090 • Letter: L

Question

lerpret measures of correlation between the two funds. CASE STUDY 3.3 Due to a crisis in subprime lending, obtaining a mortgage has become difficult even for people with solid credt In a fell for a 5th consecutive month, while home prices dropped for a record 12th month in July 2007. Mayan Horowitz, a research analyst for once-booming market of Florida. He collects data on the sale prices (in $1,000s) of 25 single-family homes in Fort Myers, Florida comparison, he samples only three-bedroom homes, each with 1,500 square feet or less of space on a lot size of 10,000 square feet or less. FILE Fort Myers Sales Data for Case Study 3.3 Home Prices (in $1,000s) in January 2007 and July 2007 Nu $100 190 25 SOURCE: www.zillow.com. In a report, use the sample information to: 1. Compare the mean, the median, and the mode in each of the two sample periods. 2. Compare the standard deviation and the coeficient of variation in each of the two sample periods. 3. Discuss significant changes in the housing market in Fort Myers over the 6-month period. Y 3.4 Nike's Online Annual Report provides total revenues (in milions of S) for the Asian and Latin Ametican regions for the Data for Case Study 3.4 (a) Nike Revenues in Asia and Latin America (in millions ofs) 102 Business Statistics: Communicating with Numbers ACC 504 Assign-docx ^ @j ACC 504 Quiz 4 (1).docx A yleX

Explanation / Answer

a)

N for
Variable Mean Median Mode Mode
A 231.1 205.0 220 2
B 182.8 180.0 210 2

here mean median mode all are high in sample A

b)

Variable StDev CoefVar
A 113.7 49.20
B 69.3 37.93

here sample sd and CV for A much higher than B.

c) here it is clearly exhibits that sample A having incresing then the samples of B incresing. That implies that possitive correlation.

samples are:

A B

100 138

190 235

125 97

610 179

260 156

167 200

255 219

205 400

256 86

330 215

460 125

242 133

220 199

140 210

158 255

130 148

144 210

176 126

220 120

231 285

160 202

315 218

143 90

340 144

200 180