A few rows from a dataset are shown below. Assume that the h…

A few rows from a dataset are shown below. Assume that the house_price represents the price in dollars (ignore the fact that these prices are unrealistic in today’s market) | square_feet| house_price|property_type |location_grade | |———–:|———–:|:————-|:————–| | 2282| 2604|Townhome |A | | 1624| 1103|Townhome |C | | 2189| 2670|Condo |C | | 1737| 1747|House |C | | 1905| 2428|House |A | | 1549| 1456|Townhome |A | The standard deviation of the column house_price has units of and it is the of the variance.

A few rows from a dataset are shown below. This dataset show…

A few rows from a dataset are shown below. This dataset shows some company’s expenditure on product promotion in several areas of the country and the corresponding demand for the product. |Product | Expenditure| Demand| |:——-|———–:|——:| |Y | 376| 475| |Y | 412| 589| |X | 144| 532| |X | 220| 521| |X | 166| 591| |Y | 369| 515| For the above, I built a model with Demand as the response variable and Product and Expenditure as the explanatory variables. I got the following model output. |term | .lwr| .coef| .upr| |:———–|————:|———-:|————:| |(Intercept) | 493.0582505| 505.49608| 517.9339017| |Expenditure | 0.4589472| 0.50854| 0.5581328| |ProductY | -220.7083913| -207.51193| -194.3154729| |ProductZ | -430.7360919| -408.91989| -387.1036962|   Based on the above, write out the the model function (round any numbers up to the next higher whole number).

The first figure below shows the distribution of annual inco…

The first figure below shows the distribution of annual incomes of people in some country in the form of a continuous probability density function.  The shaded region corresponds to the area under the curve for x values above $24,960 (average income). A label shows the numeric value of this area.The second figure shows the same probability density function, but with the area under the curve for x-values above $15,700 shaded. Using these figures, what is the probability that someone earns between 15700 and 24960? Write in a number between 0 and 1 correct to two decimal places?