Relationship between price and home size


Question 1. Calculate the mean, median, range, and standard deviation of home price and size. You can cut and paste the answers from the Analysis Toolpack, or you can place your results in the same Excel sheet as the data, below the existing table. Be sure to label each of your data calculations. (For example: Row 84 Column B should contain the Mean of Home Selling Prices, Column C the Mean of Home Size in Square Feet, Row 85 Column B should contain the Home Median price, and so on. Highlight all your results in yellow.)

Question 2. Calculate the mode for the number of bathrooms. (You can cut and paste the answers from the Analysis Toolpack, or you can use Row 88 Column D for this parameter. Do not forget to title Column A Row 88-Mode. Highlight your results in yellow.)

Question 3. Produce a histogram that shows the number of houses by price range, in increments of $50,000 (for example, $0-$50,000, $50,001-$100,000, and so on). Use a separate Excel sheet to do this and label that sheet "Home Price Range Histogram."

Question 4. Produce a scatter plot showing the relationship between price and home size. In a cell under your scatterplot, indicate whether the relationship is positive or negative and whether the results are what you expect. Use a separate Excel sheet to do this and label the sheet "Scatterplot."

Florida pool home data

Home Price Size Number of Bathrooms Niceness Rating Pool?
($1000s) (Square Feet) yes=1; no=0
1 260.9 2666 2.5 7 0
2 337.3 3418 3.5 6 1
3 268.4 2945 2.0 5 1
4 242.2 2942 2.5 3 1
5 255.2 2798 3.0 3 1
6 205.7 2210 2.5 2 0
7 249.5 2209 2.0 7 0
8 193.6 2465 2.5 1 0
9 242.7 2955 2.0 4 1
10 244.5 2722 2.5 5 0
11 184.2 2590 2.5 1 0
12 325.7 3138 3.5 7 1
13 266.1 2713 2.0 7 0
14 166.0 2284 2.5 2 0
15 330.7 3140 3.5 6 1
16 289.1 3205 2.5 3 1
17 268.8 2721 2.5 5 1
18 276.7 3245 2.5 2 1
19 222.4 2464 3.0 3 1
20 241.5 2993 2.5 1 0
21 307.9 2647 3.5 6 1
22 223.5 2670 2.5 4 0
23 231.1 2895 2.5 3 0
24 216.5 2643 2.5 3 0
25 205.5 2915 2.0 1 0
26 258.3 2800 3.5 2 1
27 227.6 2557 2.5 3 1
28 255.4 2805 2.0 3 1
29 235.7 2878 2.5 4 0
30 285.1 2795 3.0 7 1
31 284.8 2748 2.5 7 1
32 193.7 2256 2.5 2 0
33 247.5 2659 2.5 2 1
34 274.8 3241 3.5 4 1
35 264.4 3166 3.0 3 1
36 204.1 2466 2.0 4 0
37 273.9 2945 2.5 5 1
38 238.5 2727 3.0 1 1
39 274.4 3141 4.0 4 1
40 259.6 2552 2.0 7 1
41 285.6 2761 3.0 6 1
42 216.1 2880 2.5 2 0
43 261.3 3426 3.0 1 1
44 236.4 2895 2.5 2 1
45 267.5 2726 3.0 7 0
46 220.2 2930 2.5 2 0
47 300.1 3013 2.5 6 1
48 260.0 2675 2.0 6 0
49 277.5 2874 3.5 4 1
50 274.9 2765 2.5 2 1
51 259.8 3020 3.5 2 1
52 235.0 2887 2.5 1 1
53 191.4 2032 2.0 3 0
54 228.5 2698 2.5 4 0
55 266.6 2847 3.0 2 1
56 233.0 2639 3.0 3 0
57 343.4 3431 4.0 5 1
58 334.0 3485 3.5 5 1
59 289.7 2991 2.5 6 1
60 228.4 2482 2.5 2 0
61 233.4 2712 2.5 1 1
62 275.7 3103 2.5 2 1
63 290.8 3124 2.5 3 1
64 230.8 2906 2.5 2 0
65 310.1 3398 4.0 4 1
66 247.9 3028 3.0 4 0
67 249.9 2761 2.0 5 0
68 220.5 2842 3.0 3 0
69 226.2 2666 2.5 6 0
70 313.7 2744 2.5 7 1
71 210.1 2508 2.5 4 0
72 244.9 2480 2.5 5 0
73 235.8 2986 2.5 4 0
74 263.2 2753 2.5 7 0
75 280.2 2522 2.5 6 1
76 290.8 2808 2.5 7 1
77 235.4 2616 2.5 3 0
78 190.3 2603 2.5 2 0
79 234.4 2804 2.5 4 0
80 238.7 2851 2.5 5 0

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