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The document contains data on property sales in Cape May County, NJ in 2000 including town, class, date, price, and assessment. The qualitative variables are town and class, with natural categories being listed towns and residential/commercial. The quantitative variables are date, price, and

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Putri Ayuningtyas Kusumawati
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77 views3 pages

Untitled

The document contains data on property sales in Cape May County, NJ in 2000 including town, class, date, price, and assessment. The qualitative variables are town and class, with natural categories being listed towns and residential/commercial. The quantitative variables are date, price, and

Uploaded by

Putri Ayuningtyas Kusumawati
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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The following data concern a sample of employees of the U.S.

Marshalls in the state of New


York. Identify the qualitative and quantitative variables, the categories associated with each
qualitative variable, and the measurement scales for all variables.

Country   Station   Title   Grade   Salary


MISCELLANEOUS
New York NEW YORK-
    CLERK AND   GS 07   $ 51,030  
Country NY
ASSISTANT
MISCELLANEOUS
New York NEW YORK-
    CLERK AND   GS 07   $ 55,405  
Country NY
ASSISTANT
Kings NEW YORK- ACCOUNTING
      GS 07   $ 45,196  
Country KINGS TECHNICIAN
Erie ADMINISTRATIV
  BUFFALO     GS 13   $ 95,023  
Country E OFFICER
Onondaga BUDGET
  SYRACUSE     GS 09   $ 53,773  
Country ANALYSIS
GENERAL
New York NEW YORK-
    BUSINESS AND   GS 11   $ 66,887  
Country NY
INDUSTRY
GENERAL
Onondaga
  SYRACUSE   BUSINESS AND   GS 11   $ 74,628  
Country
INDUSTRY
MISCELLANEOUS
Erie
  BUFFALO   ADMINISTRATIO   GS 09   $ 59,962  
Country
N AND PROGRAM
MISCELLANEOUS
New York NEW YORK-
    ADMINISTRATIO   GS 09   $ 57,065  
Country NY
N AND PROGRAM
GENERAL
Kings NEW YORK-
    BUSINESS AND   GS 11   $ 66,887  
Country KINGS
INDUSTRY

The following data represent a sample of property sales in Cape May County during the year
2000. Identify the qualitative and quantitative variables. What are the natural categories for
Town and Class? Identify the measurement scales for all variables.

Town   Class   Date   Price   Assessment


Avalon   Residential   12/28/2000   $ 500,000     $ 288,600  
Avalon   Residential   04/14/2000   $ 500,000     $ 325,900  
Wildwood   Commercial   05/01/2000   $ 500,000     $ 250,000  
Avalon   Residential   05/22/2000   $ 500,000     $ 332,500  
North
  Commercial   06/02/2000   $ 500,000     $ 607,700  
Wildwood
Avalon   Residential   09/16/2000   $ 518,000     $ 269,900  
North   Residential   04/07/2000   $ 520,000     $ 373,100  
Wildwood
Avalon   Commercial   01/15/2000   $ 520,000     $ 414,600  
Avalon   Residential   01/15/2000   $ 525,000     $ 373,500  
Wildwood   Residential   06/14/2000   $ 525,000     $ 379,600  

The following table shows analyst sentiment ratings for the 30 stocks listed in the Dow Jones
Industrial Average. 

7 4 6 8 4 9 4 2 2 4
6 4 5 6 5 3 8 4 9 6
2 9 7 8 4 3 9 4 6 7

(See the Excel Data File.)

a. Construct a frequency distribution, relative frequency distribution, cumulative frequency


distribution and relative cumulative frequency distribution using classes of 2 up to 4, 4 up to
6, 6 up to 8, and 8 up to 10. 
b. Construct a histogram that summarizes the data.
c. What percentage of the stocks in the Dow Jones Industrial Average received a sentiment
rating less than 8? 
d. What percentage of the stocks in the Dow Jones Industrial Average received a sentiment
rating of 6 or more?

Each month the Bureau of Labor Statistics reports the number of people (in thousands)
employed in the United States by age. The accompanying frequency distribution shows the
results for August.

Age Frequency
16 to 19 4,794
20 to 24 13,273
25 to 34 30,789
35 to 44 30,021
45 to 54 32,798
55 and over 28,660

a. Construct a relative frequency distribution. What proportion of workers is between 20


and 24 years old?
b. Construct a cumulative relative frequency distribution. What proportion of workers is
younger than 35 years old? 
c. Construct a relative frequency histogram.

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