Refer to the North Valley Real Estate data, which report information on homes sold during the last

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Refer to the North Valley Real Estate data, which report information on homes sold during the last year.

a. Sort the data into a table that shows the number of homes that have a pool versus the number that don’t have a pool in each of the five townships. If a home is selected at random, compute the following probabilities.

1. The home has a pool.

2. The home is in Township 1 or has a pool.

3. Given that it is in Township 3, that it has a pool.

4. The home has a pool and is in Township 3.

b. Sort the data into a table that shows the number of homes that have a garage attached versus those that don’t in each of the five townships. If a home is selected at random, compute the following probabilities:

1. The home has a garage attached.

2. The home does not have a garage attached, given that it is in Township 5.

3. The home has a garage attached and is in Township 3.

4. The home does not have a garage attached or is in Township 2.

Data From North Valley Real Estate:

Pool Garage Mortgage type Default Record Agent Size (Yes is 1) (Yes is 1) Township Price Bedrooms Baths Days Years FICO (Yes is 1) 206424 1820 346150 3010 372360 3210 Peterson 310622 3330 Marty 2 1.5 33 2 Fixed 2 824 2 Rose 2 36 4 Fixed 820 3 Carter

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Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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