The value, in thousands of dollars, for houses on a block, are: 45; 47; 47.5; 51; 53.5; 125 1. The mean for this data is 2. The median for this data is 3. Which do you think better reflects the average value of the homes on this block? 4. Explain your decision for (3).

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 8SGR
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The value, in thousands of dollars, for houses on a block, are:
45; 47; 47.5; 51; 53.5; 125
1. The mean for this data is
2. The median for this data is
3. Which do you think better reflects the average value of the homes on this block?
4. Explain your decision for (3).
Transcribed Image Text:The value, in thousands of dollars, for houses on a block, are: 45; 47; 47.5; 51; 53.5; 125 1. The mean for this data is 2. The median for this data is 3. Which do you think better reflects the average value of the homes on this block? 4. Explain your decision for (3).
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