For this practical application assignment, assume that you are a real estate agent living and working in southern Florida. The senior real estate partner of your firm e-mails you the Florida Pool Home Data document (provided in the Resources) and asks you to find ways to describe the most important aspects of the home sale data (which is why they call this technique descriptive statistics). The file contains data for 80 properties, including home price, home size, number of bathrooms, niceness rating, and pool (and is used as an example on pages 144–145 of yourMBA6018 – Data Analysis for Business Decisions custom textbook). Be sure that you have read Appendix 2.1, pages 80–87, in your textbook, which provides instruction on how to construct a frequency distribution, histogram, and scatterplot in Excel. Compute the following data parameters:
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