For this practical application assignment, make believe that you are a real estate agent living and working in southern Florida. The senior real estate partner of your firm e-mails you a document containing Florida pool home data, which you’ve retrieved from the Updates and Handouts section of this unit, and asks you to find ways describe the most important aspects of the home sale data. This technique is called descriptive statistics. The file contains data for 80 properties, including home prices, home sizes, number of bathrooms, niceness ratings, and whether or not there’s a pool. This file is used as an example on pages 142–143 of Business Statistics in Practice. Be sure that you have read Appendix 2.1, on pages 80–87, in your textbook, which provides instruction on how to construct a frequency distribution, histogram, and scatter plot in Excel. Compute the following data parameters:
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