Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. For each home sold, determine annual taxes as percentage of appraised value. You should create a new column to the right of annual taxes and label this new column as Percentage Taxes. You can compute percentage taxes by dividing annual taxes by appraised value and converting it into percentage. Use two decimal places for rounding off.

2. Compute the average, minimum, maximum, and standard deviation for Percentage Taxes column for all homes. Create a new worksheet and label it as Statistics. Create a table like the one shown below on Statistics worksheet. Use formulae to compute the statistic and do not enter values manually.

Statistic
Percentage Taxes
Average
...
Minimum
...
Maximum
...
Std. Deviation
...

3. Compute the average appraised home price for each year, 2009, 2010, 2011, and 2012. Using the Pivot Table feature in Excel, create a new worksheet and label it as Average Price. Your pivot table should look the one shown below:

Description
Price
Average appraised price for 2009
...
Average appraised price for 2010
...
Average appraised price for 2011
...
Average appraised price for 2012
...

4. Make a copy of the data worksheet created as part of task listed in point 1 above and label it as Taxes. Use conditional formatting to fill the cells in Red (for the column, Percentage Taxes) where Percentage Taxes exceed 2%.

5. Make a copy of the data worksheet created as part of task listed in point 1 above and label it as Top 20. Use filtering to show the top 20 homes in the dataset in terms of lot size. Make sure these homes are listed in descending order of lot size.

6. Make a copy of the data worksheet created as part of task listed in point 1 above and label it as Price Distribution. Determine the number and percentage of homes in the dataset provided to you which have appraised value less than $150,000, between $150,000 and $250,000 ($150,000 and $250,000 are included), and greater than $250,000. Draw a bar chart to show this information.
You are expected to create a table like the one shown below:

Homes
Less than $150,000
Between $150,000 and $250,000
More than $250,000
Number
...
...
...
Percentage (%)
...
...
...
Hint: Use Filter function.

7. Create a Pivot table that shows the average Appraised Price by Geographical Location and Architectural Style of House. You should create the pivot table on a new worksheet and label the pivot table worksheet as Price by Location. Write your answer to following questions on the worksheet:

a. Which geographical location has the highest average appraised price?

b. Which architectural style has the lowest appraised price?

8. Create a Pivot table that shows the average number of houses sold for different weekdays and then create a pie chart to show the percentage for each weekday. You should create the pivot table and pie chart on a new worksheet and label the pivot table worksheet as Sales by Weekday. Write answer to the following question on the worksheet:

a. Which weekday accounts for the highest average number of houses sold?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91593759
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Follow up -lock box systems or regional collection

Follow Up -Lock Box Systems or Regional Collection Centers One way a business can speed up collections is Lock Box Systems or Regional Collection Centers. Explain how these can be used to speed up collections.

There are 5 women and 8 men in a department how many ways

There are 5 women and 8 men in a department. How many ways can a committee be selected if there must be 2 men and 2 women on the committee? Number of ways to select a committee containing 2 men and 2 women is

In 20 of families the father has celiac disease event f

In 20% of families the father has celiac disease (Event F) while the mother does not, in 15% of families the mother has celiac disease (Event M) and the father does not, and in 5% of families both the mother and the fath ...

In a random sample of 100 college student 60 were females

In a random sample of 100 college student 60 were females, 65 were under 21 years of age and 15 males were 21 years of age or older, a student is selected at random from the sample. What is the probability that a female ...

Bob is interested in studying whether the average household

Bob is interested in studying whether the average household income in city A is lower than the national benchmark, μ 0  = $51,500. He collects income information from a random sample of 100 households, conducts a one-sam ...

Name some marketing techniques and styles that you have

Name some marketing techniques and styles that you have encountered that demonstrate many of the strongpoints we learned in this course.

For the dataset38 39 41 42 42 43 43 45 45 47 50 50 51 51 53

For the dataset 38, 39, 41, 42, 42, 43, 43, 45, 45, 47, 50, 50, 51, 51, 53, 54 Without doing any calculations, estimate which of the following numbers is closest to the mean.

Kevin knows that the beta of his portfolio is equal to 1

Kevin knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return or the market risk premium. He also knows that the expected return on the market is 8.25 percent. What is the ex ...

A data firm records a large amount of data

A data firm records a large amount of data. Historically, 1.0% of the pages of data recorded by the firm contain errors. If two hundred pages of data are randomly selected? a.  What is the probability that six or more pa ...

A pawnshop will lend 4750 for 45 days at a cost of 35

A pawnshop will lend $4,750 for 45 days at a cost of $35 interest. What is the effective rate of interest?  (Use a 360-day year. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As