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A survey was conducted by the market research department of the National Real Estate Company among 500 prospective buyers in a large metropolitan area to determine the maximum price a prospective buyer would be willing to pay for a house. From the data collected, the distribution that follows was obtained. Compute the standard deviation of the maximum price (in thousands of dollars) that these buyers were willing to pay for a house. Round the answer to the nearest integer. Maximum Price Considered, x 150 160 170 180 190 220 250 270 320 Oo=$1,783, 240,000 O σ= $42,163 Oσ= $42, 228 Oσ=$212, 600 O = $46,711 P(X=x) 10 500 25 500 70 500 80 500 70 500 85 500 85 500 55 500

A survey was conducted by the market research department of the National Real Estate Company among 500 prospective buyers in a large metropolitan area to determine the maximum price a prospective buyer would be willing to pay for a house. From the data collected, the distribution that follows was obtained. Compute the standard deviation of the maximum price (in thousands of dollars) that these buyers were willing to pay for a house. Round the answer to the nearest integer. Maximum Price Considered, x 150 160 170 180 190 220 250 270 320 Oo=$1,783, 240,000 O σ= $42,163 Oσ= $42, 228 Oσ=$212, 600 O = $46,711 P(X=x) 10 500 25 500 70 500 80 500 70 500 85 500 85 500 55 500

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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5 A survey was conducted by the market research department of the National Real Estate Company among 500 prospective buyers in a large metropolitan area to determine the maximum price a prospective buyer would be willing to pay for a house. From the data collected, the distribution that follows was obtained. Compute the standard deviation of the maximum price (in thousands of dollars) that these buyers were willing to pay for a house. Round the answer to the nearest integer. Maximum Price Considered, x 150 160 170 180 190 220 250 270 320 = $1,783, 240,000 σ= $42, 163 σ= $42, 228 =$212, 600 σ= $46,711 P(X=x) 10 500 25 500 70 500 80 500 70 500 85 500 85 500 აა 500 20 500
Transcribed Image Text:5 A survey was conducted by the market research department of the National Real Estate Company among 500 prospective buyers in a large metropolitan area to determine the maximum price a prospective buyer would be willing to pay for a house. From the data collected, the distribution that follows was obtained. Compute the standard deviation of the maximum price (in thousands of dollars) that these buyers were willing to pay for a house. Round the answer to the nearest integer. Maximum Price Considered, x 150 160 170 180 190 220 250 270 320 = $1,783, 240,000 σ= $42, 163 σ= $42, 228 =$212, 600 σ= $46,711 P(X=x) 10 500 25 500 70 500 80 500 70 500 85 500 85 500 აა 500 20 500
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