The San Diego Union Tribune reported that the 30- year fixed-rate mortgage rates had risen to an
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Question:
The San Diego Union Tribune reported that the 30- year fixed-rate mortgage rates had risen to an average of 5.74%. A sample of mortgage rates in the San Diego area produced the following interest rates:
5.84 | 5.73 | 5.58 | 5.69 | 5.84 | 5.68 | 5.73 |
5.79 | 5.77 | 5.67 | 5.76 | 5.70 | 5.70 | 5.66 |
5.71
| 5.80 | 5.81 | 5.75 | 5.81 | 5.78 | 5.79 |
5.77 | 5.73 | 5.67 | 5.74 | 5.76 | 5.76 | 5.74 |
5.73 | 5.71 | 5.71 | 5.72 | 5.80 | 5.69 | 5.88 |
5.70 | 5.75 | 5.75 | 5.68 | 5.72 | 5.70 | 5.67 |
5.83 | 5.76 | 5.80 |
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- Construct a histogram with eight classes beginning at 5.58.
- Determine the proportion of mortgage rates that are at least 5.74%.
- Generate an ogive for this data.
Related Book For
Basic Business Statistics Concepts and Applications
ISBN: 978-0132168380
12th edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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