Gulf Real Estate Properties
Gulf Real Estate Properties
1. Use appropriate descriptive statistics to summarize each of the three variables for the 40 Gulf View condominiums. List Price
Sales Price
Days to Sell
Mean
474,008 454,223 106
Standard Error 31,194 30,440 8
Median
437,000 417,500 96
Mode
975,000 305,000 85
Standard Deviation 197,290 192,518 52
Sample Variance 38,920,000,000 37,063,085,378 2,727
Kurtosis
1.011329 1.183621 2.022026
Skewness
1.095815 1.159388 1.077642
Range
805,100 810,000 254
Minimum
169,900 165,000 28
Maximum
975,000 975,000 282
Sum
18,960,300 18,168,900 4,240
Count
40 40 40
Confidence Level(95.0%) 63,096 61,570 17
2. Use appropriate descriptive statistics to summarize each of the three variables for
1. Use appropriate descriptive statistics to summarize each of the three variables for the 40 Gulf View condominiums. List Price
Sales Price
Days to Sell
Mean
474,008 454,223 106
Standard Error 31,194 30,440 8
Median
437,000 417,500 96
Mode
975,000 305,000 85
Standard Deviation 197,290 192,518 52
Sample Variance 38,920,000,000 37,063,085,378 2,727
Kurtosis
1.011329 1.183621 2.022026
Skewness
1.095815 1.159388 1.077642
Range
805,100 810,000 254
Minimum
169,900 165,000 28
Maximum
975,000 975,000 282
Sum
18,960,300 18,168,900 4,240
Count
40 40 40
Confidence Level(95.0%) 63,096 61,570 17
2. Use appropriate descriptive statistics to summarize each of the three variables for