Suppose that you are buying a house. You and your realtor have determined that the most expensive
Question:
Suppose that you are buying a house. You and your realtor have determined that the most expensive house you can afford is the 34th percentile. The 34th percentile of housing prices is $240,000 in the town you want to move to. In this town, can you afford 34% of the houses or 66% of the houses?
Use the following information to answer the next six exercises. Sixty-five randomly selected car salespersons were asked the number of cars they generally sell in one week. Fourteen people answered that they generally sell three cars; nineteen generally sell four cars; twelve generally sell five cars; nine generally sell six cars; eleven generally sell seven cars.
Step by Step Answer:
Introductory Business Statistics
ISBN: 202318
1st Edition
Authors: Alexander Holmes , Barbara Illowsky , Susan Dean