MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The asking price (in thousands of dollars) of some four-bedroom homes in a certain city are described by the dotplot.
Asking Prices of Four-Bedroom Homes
50
100
150
200
250
300
350
400
450 C
Thousands of dollars
Complete parts (a) through (e).
a. A buyer can afford to pay up to $150 thousand. Assuming sellers will not lower their asking prices, what proportion of the homes can the buyer afford?
The proportion of homes that the buyer can afford is
(Round to the nearest thousandth as needed.)
b. What proportion of the homes have asking prices between $250 thousand and $350 thousand?
The proportion of homes with asking prices between $250 thousand and $350 thousand is
(Round to the nearest thousandth as needed.)
c. If there were two outliers, estimate their values.
The values of the outliers are
thousand and
thousand,
d. It turns out that the two homes with asking prices you identified in part (c) also have square footages that are outlilers. Why does this make sense?
O A. This makes sense because houses with small square footages tend to have high asking prices.
O B. This makes sense because houses with large square footages tend to have high asking prices
OC. This makes sense because houses with small square footages tend to have low asking prices
OD. This makes sense because houses with large square footages tend to have low asking prices.
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Transcribed Image Text:Instructor-created question The asking price (in thousands of dollars) of some four-bedroom homes in a certain city are described by the dotplot. Asking Prices of Four-Bedroom Homes 50 100 150 200 250 300 350 400 450 C Thousands of dollars Complete parts (a) through (e). a. A buyer can afford to pay up to $150 thousand. Assuming sellers will not lower their asking prices, what proportion of the homes can the buyer afford? The proportion of homes that the buyer can afford is (Round to the nearest thousandth as needed.) b. What proportion of the homes have asking prices between $250 thousand and $350 thousand? The proportion of homes with asking prices between $250 thousand and $350 thousand is (Round to the nearest thousandth as needed.) c. If there were two outliers, estimate their values. The values of the outliers are thousand and thousand, d. It turns out that the two homes with asking prices you identified in part (c) also have square footages that are outlilers. Why does this make sense? O A. This makes sense because houses with small square footages tend to have high asking prices. O B. This makes sense because houses with large square footages tend to have high asking prices OC. This makes sense because houses with small square footages tend to have low asking prices OD. This makes sense because houses with large square footages tend to have low asking prices. Activate Wi
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