A real estate agent has been given 10 houses to list. The house prices in dollars are: 110,000 95,000 87,000 92,000 99,000 250,000 265,000 210,000 275,000 240,000 A potential buyer calls and asks about house prices in the area. What measure of central tendency would best describe this data set? How should the real estate agent report it? Justify your response.
A real estate agent has been given 10 houses to list. The house prices in dollars are: 110,000 95,000 87,000 92,000 99,000 250,000 265,000 210,000 275,000 240,000 A potential buyer calls and asks about house prices in the area. What measure of central tendency would best describe this data set? How should the real estate agent report it? Justify your response.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4DGP
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- A real estate agent has been given 10 houses to list. The house prices in dollars are:
110,000
95,000
87,000
92,000
99,000
250,000
265,000
210,000
275,000
240,000
A potential buyer calls and asks about house prices in the area. What measure of
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