This topic contains a solution. Click here to go to the answer

Author Question: In a summary of recent real estate sales, the median home price is given as 325,000. What percentile ... (Read 122 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
In a summary of recent real estate sales, the median home price is given as 325,000. What percentile corresponds to a home price of 325,000?
 
  Answer the question True or False.
 
  What will be an ideal response?

Question 2

We believe that 81 of the population of all Business Statistics students consider statistics to be an exciting subject. Suppose we randomly and independently selected 39 students from the population. How many of the sampled students do we expect to consider statistics to be an exciting subject?
 
  A) 32.16 B) 39 C) 33.82 D) 31.59



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

batool

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

50th percentile

Answer to Question 2

D





 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library