Refer to the North Valley Real Estate data, which report information on homes sold during the...
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Refer to the North Valley Real Estate data, which report information on homes sold during the last yea Click here for the Excel Data File a-1. The mean selling price (in $ thousands) of the homes was computed earlier to be $357.0, with a standard deviation of $160.7. Use the normal distribution to estimate the percentage of homes selling for more than $500.000. (Round intermediate calculations and final answer to 2 decimal places.) Percent of homes a-2. Is price normally distributed? Price is normally distributed. No 14.70 % a-3. If price is normally distributed, how many homes should have a price greater than the mean? (Round your answer to 1 decimal place.) Number of homes b-1. The mean days on the market is 30 with a standard deviation of 10 days. Use the normal distribution to estimate the number of homes on the market more than 24 days. (Round intermediate calculations 2 decimal places and final answer to nearest whole number.) Number of homes b-2. If days on the market is normally distributed, how many homes should be on the market more than the mean number of days? (Round intermediate calculations 2 decimal places and final answer to nearest whole number.) Number of homes b-3. Does the normal distribution yield a good approximation of the actual results? The normal distribution yield a good approximation of the actual results. Team Arizona Diamondbacks Atlanta Braves Baltimore Orioles Boston Red Sox Chicago Cubs Chicago White Sox Cincinnati Reds Cleveland Indians Colorado Rockies Detroit Tigers Houston Astros Kansas City Royals Los Angeles Angels Los Angeles Dodgers Miami Marlins Milwaukee Brewers Minnesota Twins New York Mets New York Yankees Oakland Athletics Philadelphia Phillies Pittsburgh Pirates San Diego Padres San Francisco Giants Seattle Mariners St. Louis Cardinals Tampa Bay Rays Texas Rangers Toronto Blue Jays Washington Nationals League National National American American National American National American National American American American American National National National American National American American National National National American National National American American American National Team Salary ($ mil) 143.32 130.6 127.63 227.4 194.26 71.84 100.31 142.8 143.97 130.96 163.52 129.94 173.78. 199.58 91.82 108.98 115.51 150.19 179.6 80.32 104.3 91.03 101.34 205.67 160.99 163.78 68.81 140.63 150.95 181.38 HR BA 176 0.235 175 0.257 188 0.239 208 0.268 167 0.258 182 0.241 172 0.254 216 0.259 0.256 210 135 0.241 205 0.255 0.245 155 214 0.242 0.25 235 128 0.237 0.252 218 166 0.25 170 0.234 267 0.249 227 0.252 186 0.234 0.235 157 0.254 162 176 0.254 133 0.239 205 0.249 150 0.258 194 0.24 217 0.244 191 0.254 Wins 82 90 47 108 95 62 67 91 91 4.84 4.63 3.77 4.33 4.58 3.11 4.94 4.15 3.38 4.76 3.73 4.5 4.07 3.78 3.81 4.14 4 4.4 89 4.13 73 3.95 88 3.85 3.74 4.92 4.85 4.04 64 103 58 80 92 63 96 78 77 100 97 80 82 66 90 67 ERA 73 82 3.72 3.75 5.18 3.75 3.65 Year Stadium Attendance Net Worth Opened mil Ś bil 2.242695 1.21 2.555781 1.625 1.564192 1.2 2.895575 2.8 2.9 1.5 1.01 1.045 1995 1.1 2000 1.225 1.65 2000 2.980549 1973 1.665107 1.015 1966 3.020216 1962 3.8575 2012 0.811104 2001 2.850875 2010 1.959197 2009 2.224995 2009 3.482855 1966 1.573616 2004 2.158124 2001 1.465316 2004 2.168536 2000 2.299489 1999 3.156185 2006 3.403587 1990 1.154973 1994 2.107107 1989 2.325281 2008 2.529604 1998 2017 1992 1912 1914 1991 2003 1994 3.181089 1.608817 1.629356 1.926701 3.01588 1.85697 1.8 3 1 1.03 1.15 2.1 4 1.02 1.7 1.26 1.27 2.85 1.45 1.9 0.9 1.6 1.35 1.675 Refer to the North Valley Real Estate data, which report information on homes sold during the last yea Click here for the Excel Data File a-1. The mean selling price (in $ thousands) of the homes was computed earlier to be $357.0, with a standard deviation of $160.7. Use the normal distribution to estimate the percentage of homes selling for more than $500.000. (Round intermediate calculations and final answer to 2 decimal places.) Percent of homes a-2. Is price normally distributed? Price is normally distributed. No 14.70 % a-3. If price is normally distributed, how many homes should have a price greater than the mean? (Round your answer to 1 decimal place.) Number of homes b-1. The mean days on the market is 30 with a standard deviation of 10 days. Use the normal distribution to estimate the number of homes on the market more than 24 days. (Round intermediate calculations 2 decimal places and final answer to nearest whole number.) Number of homes b-2. If days on the market is normally distributed, how many homes should be on the market more than the mean number of days? (Round intermediate calculations 2 decimal places and final answer to nearest whole number.) Number of homes b-3. Does the normal distribution yield a good approximation of the actual results? The normal distribution yield a good approximation of the actual results. Team Arizona Diamondbacks Atlanta Braves Baltimore Orioles Boston Red Sox Chicago Cubs Chicago White Sox Cincinnati Reds Cleveland Indians Colorado Rockies Detroit Tigers Houston Astros Kansas City Royals Los Angeles Angels Los Angeles Dodgers Miami Marlins Milwaukee Brewers Minnesota Twins New York Mets New York Yankees Oakland Athletics Philadelphia Phillies Pittsburgh Pirates San Diego Padres San Francisco Giants Seattle Mariners St. Louis Cardinals Tampa Bay Rays Texas Rangers Toronto Blue Jays Washington Nationals League National National American American National American National American National American American American American National National National American National American American National National National American National National American American American National Team Salary ($ mil) 143.32 130.6 127.63 227.4 194.26 71.84 100.31 142.8 143.97 130.96 163.52 129.94 173.78. 199.58 91.82 108.98 115.51 150.19 179.6 80.32 104.3 91.03 101.34 205.67 160.99 163.78 68.81 140.63 150.95 181.38 HR BA 176 0.235 175 0.257 188 0.239 208 0.268 167 0.258 182 0.241 172 0.254 216 0.259 0.256 210 135 0.241 205 0.255 0.245 155 214 0.242 0.25 235 128 0.237 0.252 218 166 0.25 170 0.234 267 0.249 227 0.252 186 0.234 0.235 157 0.254 162 176 0.254 133 0.239 205 0.249 150 0.258 194 0.24 217 0.244 191 0.254 Wins 82 90 47 108 95 62 67 91 91 4.84 4.63 3.77 4.33 4.58 3.11 4.94 4.15 3.38 4.76 3.73 4.5 4.07 3.78 3.81 4.14 4 4.4 89 4.13 73 3.95 88 3.85 3.74 4.92 4.85 4.04 64 103 58 80 92 63 96 78 77 100 97 80 82 66 90 67 ERA 73 82 3.72 3.75 5.18 3.75 3.65 Year Stadium Attendance Net Worth Opened mil Ś bil 2.242695 1.21 2.555781 1.625 1.564192 1.2 2.895575 2.8 2.9 1.5 1.01 1.045 1995 1.1 2000 1.225 1.65 2000 2.980549 1973 1.665107 1.015 1966 3.020216 1962 3.8575 2012 0.811104 2001 2.850875 2010 1.959197 2009 2.224995 2009 3.482855 1966 1.573616 2004 2.158124 2001 1.465316 2004 2.168536 2000 2.299489 1999 3.156185 2006 3.403587 1990 1.154973 1994 2.107107 1989 2.325281 2008 2.529604 1998 2017 1992 1912 1914 1991 2003 1994 3.181089 1.608817 1.629356 1.926701 3.01588 1.85697 1.8 3 1 1.03 1.15 2.1 4 1.02 1.7 1.26 1.27 2.85 1.45 1.9 0.9 1.6 1.35 1.675
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a 1 mean M 357 standard deviation 0 1607 Using a normal dutribut... View the full answer
Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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