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Author Question: In a summary of recent real estate sales, the median home price is given as 325,000. What percentile ... (Read 123 times)

moongchi

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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



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batool

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Answer to Question 1

50th percentile

Answer to Question 2

D





 

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