Assignment:
Consider the following frequency distribution:
|
Price
|
Type
|
Price
|
Type
|
|
$305,000
|
|
Ranch
|
$568,000
|
Colonial
|
|
$450.000
|
|
Colonial
|
$385,000
|
Other
|
|
$389,000
|
Contemporary
|
$310,000
|
Contemporary
|
|
$525,000
|
|
'Other
|
$450,000
|
Colonial
|
|
$300,000
|
|
Ranch
|
$400,000
|
Other
|
|
$330,000
|
|
Contemporary
|
$359,000
|
Ranch
|
|
$355,000
|
Contemporary
|
$379,000 Ranch
|
|
$405,000
|
|
Colonial
|
$509,000 Colonial
|
|
$365,000
|
|
Ranch
|
$435,000
|
Colonial
|
|
$415,000
|
|
Ranch
|
$510,000
|
Other
|
a. Construct a relative frequency distribution. What percent of the observations are at least 1100 but less than 1200?
b. Construct a cumulative frequency distribution and a cumulative relative frequency distribution. How many of the observations are less than 1300?
c. Graph a frequency histogram.
Provide complete and step by step solution for the question and show calculations and use formulas.