Mathematics, 01.08.2020 01:01 lightsofthedarkness

Suppose that you are buying a house. You and your realtor have determined that the most expensive house you can afford is the 34th percentile. The 34th percentile of housing prices is $240,000 in the town you want to move to. In this town, can you afford 34% of the houses or 66% of the houses? Use to calculate the following values: Data value (# cars) Frequency Relative Cumulative Relative
frequency Frequency

3 14 0.215 0.215
4 19 0.292 0.508
5 12 0.185 0.692
6 9 0.138 0.831
7 11 0.169 1.000

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