A property agent has collected selling price information on the homes sold in the last month. Below are two graphs he has used to describe the data:

1. Describe the type of statistical charts used above, and explain why the two charts look differently. Interpret the selling price information shown in the two charts.
2. Identify the number of homes that were sold for less than $2001000
3. Estimate the percentage of homes that were sold for more than $ 220,000.

Transcribed Image Text:

40 35 Number of homes sold on S 25 20 15 10 <150 38 (150,200) 36 [200,250) Selling Price (Thousands SS) 20 (250,300) >-300 Number of homes sold 30 25 20 15 10 5 0 12 26 20 16 13 <150 [150,175) [175,200) [200,225) [225,250) [250,275) [275,300) >=300 Selling Price (Thousands SS) 40 35 Number of homes sold on S 25 20 15 10 <150 38 (150,200) 36 [200,250) Selling Price (Thousands SS) 20 (250,300) >-300 Number of homes sold 30 25 20 15 10 5 0 12 26 20 16 13 <150 [150,175) [175,200) [200,225) [225,250) [250,275) [275,300) >=300 Selling Price (Thousands SS)

Answer rating: 100% (QA)

1 The type of statistical charts used are Histograms A histogram is a type of graph that is widely u... View the full answer