Tony Zamora, a real estate investor, has just moved to Clarksville and wants to learn about the local real estate market. He wants to understand, for example, the relationship between geographical segment of the city and selling price of a house, the relationship between selling price and number of bedrooms, and so on. Tony has randomly selected 25 house-for-sale listings from the Sunday newspaper and collected the data listed below. Garage Number of Size Bathrooms (cars) Segment of City Selling Price (5000) House Size (00 sq. ft.) Number of Bedrooms Northwest 290 21 South 95 11 Northeast 170 19 Northwest 375 38 West 350 24 4 South 125 10 2 West 310 31 4 West 275 25 3 Northwest 340 27 5 Northeast 215 22 4 Northwest 295 20 4 South 190 24 4 Northwest 385 36 5 West 430 32 5 South 185 14 3 South 175 18 4 Northeast 190 19 4 Northwest 330 29 4 West 405 33 5 Northeast 170 23 4 West 365 34 5 Northwest 280 25 4 South 135 17 3 Northeast 205 21 4 West 260 26 4 232022222NON 2233232122 a. Construct a crosstabulation for the variables segment of city and number of bedrooms. (3) b. Compute the row percentages for your crosstabulation in part (a). (3) c. Comment on any apparent relationship between the variables. (1)
Tony Zamora, a real estate investor, has just moved to Clarksville and wants to learn about the local real estate market. He wants to understand, for example, the relationship between geographical segment of the city and selling price of a house, the relationship between selling price and number of bedrooms, and so on. Tony has randomly selected 25 house-for-sale listings from the Sunday newspaper and collected the data listed below. Garage Number of Size Bathrooms (cars) Segment of City Selling Price (5000) House Size (00 sq. ft.) Number of Bedrooms Northwest 290 21 South 95 11 Northeast 170 19 Northwest 375 38 West 350 24 4 South 125 10 2 West 310 31 4 West 275 25 3 Northwest 340 27 5 Northeast 215 22 4 Northwest 295 20 4 South 190 24 4 Northwest 385 36 5 West 430 32 5 South 185 14 3 South 175 18 4 Northeast 190 19 4 Northwest 330 29 4 West 405 33 5 Northeast 170 23 4 West 365 34 5 Northwest 280 25 4 South 135 17 3 Northeast 205 21 4 West 260 26 4 232022222NON 2233232122 a. Construct a crosstabulation for the variables segment of city and number of bedrooms. (3) b. Compute the row percentages for your crosstabulation in part (a). (3) c. Comment on any apparent relationship between the variables. (1)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 11PPS
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt