Question

Return to ques Seventy-seven cities provided intormation on vacancy rates (in percent) tor local apartments in the tollowing trequency distribution. Vacaney Rate (in percent)Frequeney 0 up to3 3 up to 6 6 up to9 9 up to 12 12 up to 15 12 13 25 16 a. Calculate the average vacancy rate. (Round your answer to 2 decimal places.) Answer is complete and correct. Average vacancy rate 8.40 b. Calculate the variance and the standard deviation for this sample. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.) Answer is complete but not entirely correct. Variance Standard deviation 4.06
0 0
Add a comment Improve this question Transcribed image text
Answer #1

(a) The mean of the grouped frequency distribution for the given data The Computation Table Midpoint, ClassFrequency Limits L

Add a comment
Know the answer?
Add Answer to:
Return to ques Seventy-seven cities provided intormation on vacancy rates (in percent) tor local apartments in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Seventy-seven cities provided information on vacancy rates (in percent) for local apartments in the following frequency...

    Seventy-seven cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. 0 up to 3 3 up to 6 6 up to 9 9 up to 12 12 up to 15 12 13 25 16 a. Calculate the average vacancy rate. (Round your answer to 2 decimal places.) Average vacancy rate b. Calculate the variance and the standard deviation for this sample. (Round intermediate calculations to at least 4 decimal places and final answers...

  • Thirty-nine cities provided information on vacancy rates (in percent) in local apartments in the following frequency...

    Thirty-nine cities provided information on vacancy rates (in percent) in local apartments in the following frequency distribution.   Vacancy Rate (in percent) Frequency   0 up to 3 7          3 up to 6 4          6 up to 9 9          9 up to 12 6          12 up to 15 13        a. Calculate the average vacancy rate. (Round your answer to 2 decimal places.)   Average vacancy rate    b. Calculate the variance and the standard deviation for this sample....

  • Twenty-nine cities provided information on vacancy rates (in percent) for local apartments in the following frequency...

    Twenty-nine cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. Vacancy Rate (in percent) Frequency 0 up to 3 7 3 up to 6 4 6 up to 9 8 9 up to 12 5 12 up to 15 5 b. Calculate the variance and the standard deviation for this sample. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.) 2 decimal spaces required* Variance: Standard...

  • Forty-two cities provided information on vacancy rates (in percent) for local apartments in the following frequency...

    Forty-two cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. Vacancy Rate (in percent) Frequency 0 up to 3 9 3 up to 6 5 6 up to 9 10 9 up to 12 6 12 up to 15 12 b. Calculate the variance and the standard deviation for this sample. (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)

  • The historical returns on a portfolio had an average return of 21 percent and a standard...

    The historical returns on a portfolio had an average return of 21 percent and a standard deviation of 29 percent. Assume that returns on this portfolio follow a bell-shaped distribution. a. Approximately what percentage of returns were greater than 79 percent? (Round your answer to the nearest whole percent.) b. Approximately what percentage of returns were below –66 percent? (Round your answer to 1 decimal place.) ____________________________________________________________________________________________________________________________ The following relative frequency distribution was constructed from a population of 400. Calculate...

  • Consider a sample with 10 observations of 11, –3, 8, 8, 10, 1, –2, 13, 8,...

    Consider a sample with 10 observations of 11, –3, 8, 8, 10, 1, –2, 13, 8, and –4. Use z-scores to determine if there are any outliers in the data; assume a bell-shaped distribution. (Round your answers to 2 decimal places. Negative values should be indicated by a minus sign.)   The z-score for the smallest observation      The z-score for the largest observation      There are outliers or no outliers in the data. The historical returns on a portfolio had...

  • Consider a sample with 10 observations of 11, –3, 8, 8, 10, 1, –2, 13, 8,...

    Consider a sample with 10 observations of 11, –3, 8, 8, 10, 1, –2, 13, 8, and –4. Use z-scores to determine if there are any outliers in the data; assume a bell-shaped distribution. (Round your answers to 2 decimal places. Negative values should be indicated by a minus sign.)   The z-score for the smallest observation      The z-score for the largest observation      There are outliers or no outliers in the data. The historical returns on a portfolio had...

  • Chapter 12 Homework instructions | help Question 7 (of 7) Save & Exit Submit 7.value: 10.00...

    Chapter 12 Homework instructions | help Question 7 (of 7) Save & Exit Submit 7.value: 10.00 points Exercise 12-29 Algo Seventy four cities provided information on vacancy rates (in percent) in local apartments in the following frequency distribution. The sample mean and the sample standard deviation are 10% and 3.6%, respectively. Use Table 3. Vacancy Rate (in percent) Frequency Less than 6 6 6 up to 9 15 9 up to 12 32 12 or more 21 a. Choose the...

  • Use the data in the tables below to answer the following questions: Average rates of return...

    Use the data in the tables below to answer the following questions: Average rates of return on Treasury bills, government bonds, and common stocks, 1900-2015. Average Annual Rate of Return (%) 3.8 5.3 11.4 Average Premium (Extra return versus Treasury bills) (%) Portfolio Treasury bills Treasury bonds Common stocks 1.5 7.6 Standard deviation of returns, 1900-2015 Standard Deviation (%) Portfolio Treasury bills Long-term government bonds Common stocks 2.9 9.0 19.9 a. What was the average rate of return on large...

  • You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 12 percent,...

    You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 12 percent, -12 percent, 19 percent, 24 percent, and 10 percent. points a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) b-1. What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT