Sally Bird of Big Rapids Realty Has Received Data on 60

question 79

Essay

Sally Bird of Big Rapids Realty has received data on 60 houses that were recently sold in Mecosta County in Michigan. The data are recorded in the table shown below. Included in this data set are observations for each of the following variables:
· The appraised value of each house (in thousands of dollars)
· The selling price of each house (in thousands of dollars)
· The size of each house (in hundreds of square feet)
· The number of bedrooms in each house
-(A) Suppose that Sally wishes to examine a representative subset of these 60 houses that has been stratified by the number of bedrooms. Use Excel to assist her by finding such a stratified sample of size 10 with proportional sample sizes.
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(B) Explain how Sally could apply cluster sampling in selecting a sample of size 15 from this frame.
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(C) What are the advantages and disadvantages of employing cluster sampling in this case?

Recognize the characteristics of common resources, including their problems and possible solutions.

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Comprehend the concept of vicarious liability and its limitations within the employment context.

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Definitions:

Vertex

In geometry, a vertex is the point where two or more curves, edges, or lines meet. In graph theory, it refers to a node or a point where lines or edges join.

Equation

A formal claim in the realm of mathematics that two formulas, consisting of variables and constants, are equal.

Intercepts

Points where a graph intersects the axes; the x-intercept is where the graph crosses the x-axis, and the y-intercept is where it crosses the y-axis.

Parabola

A specific type of curve on a graph, represented by a quadratic function, characterized by its symmetric shape which can open upwards or downwards.