Project #8767 - Managerial report

Please provide a Managerial Report that includes:

1. Appropriate descriptive statistics to summarize each of the three variables for the forty Gulf View condominiums

2. Appropriate descriptive statistics to summarize each of the three variables for the eighteen No-Gulf View

condominiums

3. Comparison of your summary results from #1 & #2. Discuss any specific statistical results that would help a real

estate agent understand the condominium market.

4. A 95% confidence interval estimate of the population mean sales price and population mean number of days to

sell for Gulf View condominiums. Also, interpret the results.

5. A 95% confidence interval estimate of the population mean sales price and population mean number of days to

sell for No-Gulf View condominiums. Also, interpret the results.

Also, consider the following scenario and include your responses in your Report:

1. Assume the branch manager requested estimates of the mean selling price of Gulf View condominiums with a

margin of error of $40,000 and the mean selling price of No-Gulf View condominiums with a margin of error of

$15,000. Using 95% confidence, how large should the sample sizes be?

For ease in calculating the data, you can either enter the data into Excel or use the Student CD Excel file in Chapter 8 for

this case study. Your Report should include introduction and a conclusion paragraphs, and be two to four pages doublespaced

Subject Mathematics
Due By (Pacific Time) 7/10/2013
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