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David & Beth
Descriptive Statistics.
A) Independent Variable = Rental Vacancy
Mean = 10.9
Median = 11.5
Mode = 6.8 (smallest of multiple modes) Each data point was different, so technically there were 20 modes.
Range = 8.3 (6.8 to 15.1)
Describe what was found. Rental vacancy rates ranged from 6.8% to 15.1%, with a mean vacancy rate of 10.9%. No two states had the same vacancy rate, therefore an accurate assessment of the mode was not possible. The Median vacancy rate across states was 11.5%.
Excel Tables & Figures
Summarize IV in Table & Range Charts
Two tables iii. Two Charts
Describe Results: The charts and tables show that Florida has the highest vacancy rate, while New York has the lowest vacancy rate.
Label Tables and Figures _ Table 1 (title) etc.
TABLE 1.Vacancy Rate Table
State
Abandoned Property
Population
Rental Vacancy Rate
Alabama
288,062
4,779,736
12.1
Arizona
463,536
6,392,017
11.4
California
1,102,583
37,253,956
7.5
Florida
1,568,778
18,801,310
15.1
Georgia
503,217
9,687,653
12.3
Illinios
459,743
12,830,632
11
Indiana
293,387
6,483,802
11.8
Michigan
659,725
9,883,640
13.1
Missouri
337,118
5,988,927
11.6
New Jersey
339,202
8,791,894
9.1
New York
790,348
19,378,102
6.8
North Carolina
582,373
9,535,483
12
Ohio
524,073
11,536,504
11.5
Pennsylvania
548,411
12,702,379
8.8
South Carolina
336,502
4,625,364
13.9
Tennessee
318,581
6,346,105
12.5
Texas
1,054,503
25,145,561
13.3
Virginia
308,881
8,001,024
10.5
Washington
265,601
6,724,540
7
Wisconson
344,590
5,686,986
8.6
TABLE 2. Vacancy Rate by State
State
Rental Vacancy Rate.....