Refer to the Real Estate data, which reports information on homes sold in the Goodyear,
Arizona, area during the last year. Select an appropriate class interval and organize the selling prices into a frequency distribution. Write a brief report summarizing your findings. Be sure to answer the following questions in your report.
a. Around what values do the data tend to cluster?
b. Based on the frequency distribution, what is the typical selling price in the first class?
What is the typical selling price in the last class?
c. Draw a cumulative frequency distribution. How many homes sold for less than $200,000? Estimate the percent of the homes that sold for more than $220,000. What percent of the homes sold for less than $125,000?
d. Refer to the variable regarding the townships. Draw a bar chart showing the number of homes sold in each township. Are there any differences or is the number of homes sold about the same in each township?