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Property Management - Admission/Application Essay Example

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Using simple random sampling approach, 30 individuals were selected and their opinions, regarding prices of property management services, collected. Data for both expected prices, prices considered…
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Download file to see previous pages Responses with respect to recommended additional add on and mode of payment identified community blog with property management updates and online payment services as the most preferred. Most households were reported to contain between two and four people.
Analysis of the descriptive statistics identifies differences in values for respective means and medians though the values fall within their corresponding modal classes. The medians are however, based on comparison of respective standard deviations, and inter quartile ranges, identified as a more suitable measure than the means. It is as good as the mean in evaluating prices considered to be too cheap because the standard deviation, zero, it too small compared to the inter quartile range.
The report also recommends that the prices should be within the range of $ 500 and 1600. This is because lower prices would imply poor quality to the consumers while higher prices will be considered too ...Download file to see next pagesRead More
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