A Community Researcher Wanted to Explore the Connection Between the Number

question 4

Multiple Choice

A community researcher wanted to explore the connection between the number of bathrooms in a house and the sale price of the house.She studied 1750 home sales in an economically diverse, medium-sized city and found that the average sale price went up by $63,000 for each full bath.What is the descriptive statistic in this study?

• A) 1750 home sales
• B) houses in economically diverse, medium-sized cities
• C) number of bathrooms
• D) average increase in sale price of $63,000 per bathroom

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Definitions:

Compute

Refers to the action of performing mathematical calculations or processing data using a computer or computational device.

Imperfect Price Signals

Situations in markets where prices do not fully reflect all available information, leading to inefficiencies in allocation of resources.

Political Pressure

The use of influence, persuasion, or coercion by individuals or groups to affect governmental decision-making or policy outcomes.

Environmental Problems

Issues affecting the natural environment, often due to human activities, that result in negative impacts on ecosystems and human health.