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A sample of 117 records of the selling price (in dollars) of homes from Feb, 15

ID: 3299786 • Letter: A

Question

A sample of 117 records of the selling price (in dollars) of homes from Feb, 15 to April 30, 2013, was taken from the files maintained by the Albuquerque Board of Realtors. The following are summary statistics for the selling prices. From this we can conclude that: There are no outliers More homes were sold for greater than $121, 750 than for less than $77, 650 68% of the selling price of homes is from $77, 650 to $121, 750 25% of the selling price of homes is at least $121, 750 The distribution of selling price of homes is negatively skewed. Google's distribution of 2007 returns, as discussed in the video, _____. is skewed to the left is skewed to the right is normally distributed has no outliers has outliers indicating multiple substantial gains

Explanation / Answer

Q5) Option D is Correct because Q3 is $121750

Q6) Option C is Correct because the distribution is normally distributed