at Tools Table Add-ons Help All changes saved in Drive Normal textArial 11.5 B 1

Question

at Tools Table Add-ons Help All changes saved in Drive Normal textArial 11.5 B 18. The values of 11 houses on Washington Street are shown in the table below. If you were rying to explain to someone the value of the homes on Washington Street, which measure of central tendency would be best to use? In order to answer this question, you will need to calculate the mean, the median and the mode first. a) Mean b) Median c) Mode d) Stand deviation Values of Houses $100,000.00 $175,000.00 $200,000.00 $950,000.00 # of Houses

Explanation / Answer

Median is (4+5)/2 = 4.5..

Mode is 175,000 as it is occurring the maximum time...

Mean is 247,727.273...

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