A real estate major collected information on some recent local home sales. The first 6 lines of the database appear in the accompanying table. The columns correspond to the house identification number, the community name, the zip code, the number of acres of the property, the year the house was built, the market value, and the size of the living area (in square feet). Do the data appear to have come from a designed survey or experiment? What concerns might you have about drawing conclusions from this data set? E Click the icon to view the data table. Do the data appear to have come from a designed survey or experiment? O A. It is not clear if the data were obtained from an experiment. They are certainly not from a survey. O B. It is not clear if the data were obtained from a survey. They are certainly not from an experiment. O C. It is not clear if the data were obtained from a survey or an experiment. O D. The data were certainly not obtained from survey or an experiment. What concerns might you have about drawing conclusions from this data set? O A. It is unknown who were participants in the experiment, so one should be cautious in drawing conclusions from these data about the housing market in general. B. It is known that the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. c. It is unknown if the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. D. It is unknown what kind of survey was used, so one should be cautious in drawing conclusions from these data about the housing market in general. O Local Home Sales Neighborhood Mail_Zip Acres 1.00 Full Market Value SFLA 960 House ID Yr_Built 413400536 Greenfield Manor 12859 100400 132509 140000 67100 190000 126900 1962 1961 1993 4128001474 Fort Amherst 412800344 4128001552 Granite Springs 412800352 413400322 12801 12309 0.09 905 1620 Dublin 1.64 10598 0.33 1967 900 Click to select your answer. Arcady Ormsbee 10562 2.29 1959 1222 12859 9.19 1997 1056

A real estate major collected information on some recent local home sales. The first 6 lines of the database appear in the accompanying table. The columns correspond to the house identification number, the community name, the zip code, the number of acres of the property, the year the house was built, the market value, and the size of the living area (in square feet). Do the data appear to have come from a designed survey or experiment? What concerns might you have about drawing conclusions from this data set? E Click the icon to view the data table. Do the data appear to have come from a designed survey or experiment? O A. It is not clear if the data were obtained from an experiment. They are certainly not from a survey. O B. It is not clear if the data were obtained from a survey. They are certainly not from an experiment. O C. It is not clear if the data were obtained from a survey or an experiment. O D. The data were certainly not obtained from survey or an experiment. What concerns might you have about drawing conclusions from this data set? O A. It is unknown who were participants in the experiment, so one should be cautious in drawing conclusions from these data about the housing market in general. B. It is known that the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. c. It is unknown if the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general. D. It is unknown what kind of survey was used, so one should be cautious in drawing conclusions from these data about the housing market in general. O Local Home Sales Neighborhood Mail_Zip Acres 1.00 Full Market Value SFLA 960 House ID Yr_Built 413400536 Greenfield Manor 12859 100400 132509 140000 67100 190000 126900 1962 1961 1993 4128001474 Fort Amherst 412800344 4128001552 Granite Springs 412800352 413400322 12801 12309 0.09 905 1620 Dublin 1.64 10598 0.33 1967 900 Click to select your answer. Arcady Ormsbee 10562 2.29 1959 1222 12859 9.19 1997 1056

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 28EQ

See similar textbooks

Related questions

Concept explainers

Question

A real estate major collected information on some recent local home sales. The first 6 lines of the database appear in the accompanying table. The columns correspond to the house identification number, the community name, the zip code, the
number of acres of the property, the year the house was built, the market value, and the size of the living area (in square feet). Do the data appear to have come from a designed survey or experiment? What concerns might you have about
drawing conclusions from this data set?
E Click the icon to view the data table.
Do the data appear to have come from a designed survey or experiment?
O A. It is not clear if the data were obtained from an experiment. They are certainly not from a survey.
O B. It is not clear if the data were obtained from a survey. They are certainly not from an experiment.
O C. It is not clear if the data were obtained from a survey or an experiment.
O D. The data were certainly not obtained from survey or an experiment.
What concerns might you have about drawing conclusions from this data set?
O A. It is unknown who were participants in the experiment, so one should be cautious in drawing conclusions from these data about the housing market in general.
O B. It is known that the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general.
O C. It is unknown if the sales are representative of all sales, so one should be cautious in drawing conclusions from these data about the housing market in general.
O D. It is unknown what kind of survey was used, so one should be cautious in drawing conclusions from these data about the housing market in general.
Local Home Sales
House_ID
Neighborhood Mail_Zip Acres
Yr_Built Full_Market_Value SFLA
413400536 Greenfield Manor 12859
1.00
1962
100400
960
4128001474
412800344
Fort Amherst
12801
0.09
1961
132509
140000
905
12309
Dublin
4128001552 Granite Springs
Arcady
Ormsbee
1.64
1993
1620
10598
0.33
1967
67100
900
Click to select your answer.
412800352
10562
2.29
1959
190000
1222
413400322
12859
9.19
1997
126900
1056

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Types of Data and Their Measurement$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Recommended textbooks for you

Linear Algebra: A Modern Introduction

Algebra

ISBN:

9781285463247

Author:

David Poole

Publisher:

Cengage Learning