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.
105554585753060757995?
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?
What will be an ideal response?
| a. | a. | b. | b. | |
| Cum. | ||||
| Sales Price | Percent | Cum. | Percent | |
| (In Thousands of Dollars) | Freq. | Freq. | Freq. | Freq. |
| 20 - 39 | 1 | 10 | 1 | 10 |
| 40 - 59 | 2 | 20 | 3 | 30 |
| 60 - 79 | 4 | 40 | 7 | 70 |
| 80 - 99 | 2 | 20 | 9 | 90 |
| 100 - 119 | 1 | 10 | 10 | 100 |
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Indicate whether the statement is true or false
A fixed asset with a cost of $52,000 and accumulated depreciation of $47,500 is traded for a similar asset priced at $60,000. Assuming a trade-in allowance of $5,000, the cost basis of the new asset is
A) $54,000 B) $59,500 C) $60,000 D) $60,500
________ refers to an arrangement in which a seller delivers goods to a buyer to sell on his or her behalf
A) Consignment B) Void entitlement C) Entrustment D) Leasing
Sharing your ideas with your supervisor requires you to
a. arrange a time to talk with the supervisor. b. support your ideas with notes. c. close with a positive statement. d. all of these choices.