The sales records of a real estate company for the month of May shows the following house prices (rounded to the nearest $1,000).Values are in thousands of dollars. 
a.
Develop a frequency distribution and a percent frequency distribution for the house prices.(Use 5 classes and have your first class be 20 - 39.)
b.
Develop a cumulative frequency and a cumulative percent frequency distribution for the above data.
c.
What percentage of the houses are sold at a price below $80,000?
Definitions:
Accounts Payable
Liabilities or amounts owed by a business to its creditors for goods and services that have been received but not yet paid for.
Accounts Receivable
Financial obligations of customers to a firm for items or services rendered but not yet compensated.
Face Value
Refers to the nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.
Bond
An interest-bearing security that obligates the issuer to pay the bondholder a specified sum of money, generally at fixed intervals, and to repay the principal at maturity.
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