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 61.5 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).

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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 61.5
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 61.5 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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