Answer to Question #326547 in Statistics and Probability for Ben

Question

Selling prices (N$ 1 000s) for a sample of 25 two-bedroom house in a certain town are table below: Selling price (NS) Selling price (NS) 1 572 16 689 2 945 17 488 3 831 18 566 4 631 19 987 5 553 20 830 6 871 21 617 7 980 22 760 8 482 23 898 9 570 24 516 10 950 25 969 11 916 12 IS 488 نادر 13 405 14 901 15 554 Required: 1.1 Calculate and interpret the following descriptive statistics measures: a) Mean b) Mode c) Median d) Third quartile e) 60th percentile f) Standard deviation 1.2 Construct a frequency distribution for the random variable Selling price. Use 5 class