The following chart shows the selling price ($000) of

Chapter 2, Problem 20E

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QUESTION:

Problem 20E

The following chart shows the selling price ($000) of houses sold in the Billings, Montana area.

a. How many homes were studied?

b. What is the class interval?

c. One hundred homes sold for less than what amount?

d. About 75 percent of the homes sold for less than what amount?

e. Estimate the number of homes in the $150,000 up to $200,000 class.

f. About how many homes sold for less than $225,000?

Questions & Answers

QUESTION:

Problem 20E

The following chart shows the selling price ($000) of houses sold in the Billings, Montana area.

a. How many homes were studied?

b. What is the class interval?

c. One hundred homes sold for less than what amount?

d. About 75 percent of the homes sold for less than what amount?

e. Estimate the number of homes in the $150,000 up to $200,000 class.

f. About how many homes sold for less than $225,000?

ANSWER:

Solution:

Step 1 of 2:

The given chart shows the selling price ($000) of houses sold in the Billings, Montana area.

                  pic 1.PNG

By using this chart we have to find the following data.

  1. The number of homes were studied.
  2. The class interval.
  3. The amount less than that one hundred homes sold for.
  4. The amount less than that about 75 percent of the homes sold for.
  5. The number of homes in the $150,000 up to $200,000 class.
  6. The number of homes that sold for less than $225,000.

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