Each condominium is classified as gulf view if it is, Applied Statistics

+44 141 628 6080
[email protected]

Each condominium is classified as gulf view if it is

Gulf Real Estate Properties

Please provide a Managerial Report that includes:

1. Appropriate descriptive statistics to summarize each of the three variables for the forty Gulf View condominiums

2. Appropriate descriptive statistics to summarize each of the three variables for the eighteen No-Gulf View condominiums

3. Comparison of your summary results from #1 & #2. Discuss any specific statistical results that would help a real estate agent understand the condominium market.

4. A 95% confidence interval estimate of the population mean sales price and population mean number of days to sell for Gulf View condominiums. Also, interpret the results.

5. A 95% confidence interval estimate of the population mean sales price and population mean number of days to sell for No-Gulf View condominiums. Also, interpret the results.

Also, consider the following scenario and include your responses in your Report:

6. Assume the branch manager requested estimates of the mean selling price of Gulf View condominiums with a margin of error of $40,000 and the mean selling price of No-Gulf View condominiums with a margin of error of $15,000. Using 95% confidence, how large should the sample sizes be?

Case Problem: Gulf Real Estate Properties

2083_Gulf Real Estate Properties.png

Gulf Real Estate Properties, Inc. is a real estate firm located in southwest Florida. The com¬pany, which advertises itself as "expert in the real estate market," monitors condominium sales by collecting data on location, list price, sale price, and number of days it takes to sell each unit. Each condominium is classified as Gulf View if it is located directly on the Gulf of Mexico or No Gulf View if it is located on the bay or a golf course, near but not on the Gulf. Sample data from the Multiple Listing Service in Naples, Florida, provided recent sales data for 40 Gulf View condominiums and 18 No Gulf View condominiums. *Prices are in thousands of dollars. The data are shown in Table.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Applied Statistics: Each condominium is classified as gulf view if it is

Reference No:- TGS0581520

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Applied Statistics

Q : A faulty model rocket moves in the xy-plane the positive

A faulty model rocket moves in the xy-plane (the positive y-direction is vertically upward), Calculate the velocity vector as a function of time

Q : Which of the following changes to a voltaic cell would

Which of the following changes to a voltaic cell would cause an increase in potential (i.e., more positive Ecell)

Q : What differences between the british side and the german

What differences between the British side and the German side does Jünger recognize as early as August 1916 (pages 100-101)?

Q : On 612013 you entered into a semiannual interest rate swap

On 6/1/2013, you entered into a semiannual interest rate swap contract, where you pay a fixed rate of 6.2% per annum and receive 6-m LIBOR on a principal amount of $1,000,000. Suppose the 6-m LIBOR rates were 5.7% on 6/1/2013 and 6% on 12/1/2013. Wha

Q : Each condominium is classified as gulf view if it is

Each condominium is classified as Gulf View if it is located directly on the Gulf of Mexico or No Gulf View if it is located on the bay or a golf course, near but not on the Gulf.

Q : What is the difference between the experience of war of the

What is the difference between the experience of war of the young soldiers and the old soldiers (19-20; ch. 2)?

Q : Assume the government cuts its purchases by 150 billion as

Assume the government cuts its purchases by $150 billion. As a result, the budget deficit is reduced by $40 billion, private domestic saving decreases by $10 billion, disposable personal income decreases by $80 billion

Q : 3 point charges are placed on the x-y plane a 500 nc charge

3 point charges are placed on the x-y plane: a +50.0 nC charge at the origin, a -50.0 nC charge on the x-axis at 10.0 cm, Find the total electric force on the +150 nC charge due to the other two

Q : Each worker at gallos cork factory costs 12 per hour the

Each worker at Gallo's cork factory costs $12 per hour. The cost of each machine is $20 per day regardless of the number of corks produce.If Gallo's produces at a rate of 70 corks per hour and operates 8 hours per day

1923425

Questions
Asked

3,689

Active Tutors

1419350

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Applied Statistics: Each condominium is classified as gulf view if it is

Reference No:- TGS0581520

Have a Question? (oR Write a Review)

Recent Questions Asked Applied Statistics

Q : A faulty model rocket moves in the xy-plane the positive

Q : Which of the following changes to a voltaic cell would

Q : What differences between the british side and the german

Q : On 612013 you entered into a semiannual interest rate swap

Q : Each condominium is classified as gulf view if it is

Q : What is the difference between the experience of war of the

Q : Assume the government cuts its purchases by 150 billion as

Q : 3 point charges are placed on the x-y plane a 500 nc charge

Q : Each worker at gallos cork factory costs 12 per hour the

What when people get involved in community and social change

Which are forms of media bias

Discussion about idea of the tramp stamp

How the major schools of thought within sociology

What cases does female status tend to be highest

How are schools important in the struggle for power

Discuss statements about sociological approaches

Request for Solution File

Ask an Expert for Answer!!

Applied Statistics: Each condominium is classified as gulf view if it is

Reference No:- TGS0581520

Recent Questions Asked Applied Statistics

Q : A faulty model rocket moves in the xy-plane the positive

Q : Which of the following changes to a voltaic cell would

Q : What differences between the british side and the german

Q : On 612013 you entered into a semiannual interest rate swap

Q : Each condominium is classified as gulf view if it is

Q : What is the difference between the experience of war of the

Q : Assume the government cuts its purchases by 150 billion as

Q : 3 point charges are placed on the x-y plane a 500 nc charge

Q : Each worker at gallos cork factory costs 12 per hour the

Asked Questions