Hello Nik,

 

I need some help with a statistics and probability project I am working on. You've helped me in the past and I really appreciated the way you broke down your answer so I would understand. The project I've attached contains data from May 2016 and May 2017 for the real estate company that I work for. For my quantitative variables I've selected days on market and sales price in order to evaluate the trends of the real estate market in Northern Colorado. I've selected zip codes as my qualitative variable. My initial hope was to pin point where most of the real estate sales are happening however I'm struggling to calculate the last part of the project for this week which asks "What is the probability that each event occurs in each of the two variables?" How would I go about figuring that out?

 

I've attached the spreadsheet that contains all the data. The assignment prompt is below:

 

Conduct an analysis of your project data. Prepare the items below based on the data from two of the variables in the data collection instrument.

1. Determine the mean, median, and mode for each of the variables.
2. What is the variance for each set of data for each of the variables?
3. What is the standard deviation for each of the variables?
4. What is the probability that each event occurs in each of the two variables.

 

Thank you!

Zandalee

• 1503064385-Descriptive Statistics.xlsx

AccountingQueen

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Status NEW Posted 18 Aug 2017 01:08 PM My Price 10.00

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