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Kimberly Black 1

1. (a) To investigate the complaints from the renters who are unhappy about their monthly rents, I would
collect the dollar amount of the rent paid by a random sample of tenants in the area of the city that is
unhappy and three other areas of the city that are of similar size. (Use the collected data given)

1. (b) The statistical measure that would best represent the data sets for the four areas of the city is the
measure of central tendency-mean. Seeing that the amount of rent is different within the areas finding
the mean/average of the amount each area pays helps to compare the amount of rent that is paid in the
four areas.

Data Given

The Monthly Rents (in dollars) Paid


by 12 Randomly Selected Apartment Tenants in 4 Areas of Your City
Area Area Area Area
A B C D
1275 1124 1085 928
1110 954 827 1096

m
er as
975 815 793 862

co
862 1078 1170 735

eH w
1040 843 919 798

o.
997 745 943 812

rs e 1119 796 756 1232


ou urc
908 816 765 1036
890 938 809 998
1055 1082 1020 914
o

860 750 710 1005


aC s

975 703 775 930


vi y re

1. (c)

Calculate the mean/average


ed d

Area A Area B Area C Area D


ar stu

12066 10644 10572 11346 Totals


1005.5 887 881 945.5 Totals / by 12
is
Th
sh

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Kimberly Black 2

2. (a) To display the data I would use a clustered column graph, because I am comparing values across
only a few categories and the order is not important.

2. (b)

Mean-average monthly rent paid in 4 areas of the City


$1,050.00

m
$1,000.00

er as
co
eH w
$950.00

o.
$900.00
rs e
ou urc
$850.00
o
aC s

$800.00
Area A Area B Area C Area D
vi y re
ed d
ar stu

2. (c) Based on my data display, it appears that the monthly rents in Area A is higher than the rents in the
other areas of the city. Looking at the average monthly rent of all 4 areas there is a difference of $60
between Area A and Area D. Area D has a difference of $58.50 from Area B where Area B and Area C only
is

have a difference $6. The range of the 4 areas is $1005.50-$881=$124.50.


Th
sh

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Kimberly Black 3

3. (a) The statistical measure of median could also be used to analyze the monthly rent data.

3. (b)
The Monthly Rents (in dollars) Paid
by 12 Randomly Selected Apartment Tenants in 4 Areas of Your City

Area A Area B Area C Area D


860 703 710 735
862 745 756 798
890 750 765 812
908 796 775 862
975 815 793 914

m
975 816 809 928

er as
997 843 827 930

co
1040 938 919 998

eH w
1055 954 943 1005

o.
1110 1078 1020 1036
rs e 1119 1082 1085 1096
ou urc
1275 1124 1170 1232
Calculate the median
o

Area A Area B Area C Area D


aC s
vi y re

1972 1659 1636 1858 add 2 middle


986 829.5 818 929 divide by 2
3. (c)
Measures of mean and median monthly rent paid in 4 areas of the City
ed d

$1,200.00
ar stu

$1,000.00

$800.00
is

$600.00
Th

$400.00

$200.00

$0.00
sh

Area A Area B Area C Area D


Mean Median

Comparing the measurements of data of the mean and median they support the conclusion that Area A
pays higher monthly rent then the other 3 areas. The range is $986-$818=$168.

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Kimberly Black 4

4. (a) I would need to know more about the area of the city the 4 areas are located. If Area A is not in an
inner city area and Area B and C are then there would be a difference in price, due to the demographics
and possible blight. But just using the information and data and comparing the areas apples to apples I
would say the complains from the tenants in Area A are legitimate. The Association should address the
complaint by lowering the rent by $60 for those tenants in area A.

4. (b) The reasons I would give as to why the rents vary among different areas of the city would be the
location of the areas, is the area considered an inner city areas or suburban areas? Does the area have
subsidized rentals? What are the demographics, crime rate, and school grade of the areas?

m
er as
co
eH w
o.
rs e
ou urc
o
aC s
vi y re
ed d
ar stu
is
Th
sh

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https://www.coursehero.com/file/23717629/monthly-rent-paid/
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