Download Descriptive Statistics – Real Estate Data Part 1 QNT/351 Version 5 1

Descriptive Statistics – Real Estate Data Part 1
QNT/351 Version 5
Learning Team Assignment: Descriptive Statistics – Real Estate Data Part 1
Purpose of Assignment
Using descriptive statistics to organize raw data into a table and to produce graphs based on the organized
data. An additional purpose is finding measures of central tendency and dispersion for the data and relating
the computed standard deviation to its mean of the data.
Resources Required
Chapters 2, 3, and 4
Grading Guide
Met
Content
Partially
Met
Not Met
Create an Excel spreadsheet with 4 columns
of the first 100 single family homes listed, not
including condominiums or townhouses.
Include each of the following categories in the
spreadsheet: Property address, listing price,
square footage, and number of bedrooms.
Prepare a frequency distribution for listing
prices, including relative frequencies.
Create your frequency distribution as
identified in chapters 2, 3, and 4.
Generate a histogram from your frequency
distribution, again making sure you are
consistent with the rules discussed in Chapter
2.
Summarize your findings from your frequency
distribution and your histogram.
Create either a pie chart or a bar graph of the
number of bedrooms in your 100 homes.
Calculate measures of central tendency for
both listing prices and square footages.
Those measures are mean, median, and
mode.
Determine the quartiles for both listing prices
and square footages.
Calculate measures of dispersion for both
listing prices and square footages. Those
measures are range, variance, and standard
deviation.
Apply Chebyshev’s Theorem and the
Empirical Rule to both sets of data.
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Comments:
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Descriptive Statistics – Real Estate Data Part 1
QNT/351 Version 5
Compare your findings with your actual data.
Conclude whether Chebyshev’s or Empirical
Rule is more accurate with each of listing
prices and square footages.
Met
Writing Guidelines
Total
Available
Total
Earned
7
#/X
Partially
Met
Not Met
Total
Available
Total
Earned
3
#/X
10
#/X
The paper—including tables and graphs,
headings, title page, and reference page—is
consistent with APA formatting guidelines and
meets course-level requirements.
Intellectual property is recognized with in-text
citations and a reference page.
Paragraph and sentence transitions are
present, logical, and maintain the flow
throughout the paper.
Sentences are complete, clear, and concise.
Rules of grammar and usage are followed
including spelling and punctuation.
Assignment Total
#
Additional comments:
Copyright © XXXX by University of Phoenix. All rights reserved.
Comments:
2