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# Cumulative Frequency and Cumulative Percent Frequency

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Sales Price (Thousands) Frequency Percent Frequency Cumulative Frequency Cumulative Percent Frequency

20 - 39
1
40 - 59
2
60 - 79
4
80 - 99
2
100 - 119
1

Sales records for a real estate company for the month of May show the following house prices (rounded to the nearest \$1000). Values are in the thousands of dollars.

105 55 45 85 75
30 60 75 79 95

a) Develop a frequency distribution and a percent frequency distribution for house prices.
b) Develop a cumulative frequency and a cumulative percent frequency distribution for the above data.
c) What percentage of houses sold at a price below \$80,000?

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#### Solution Summary

A few types of frequency distributions are constructed in order to find the number of houses sold below a certain price point. Attached in Word.

\$2.19