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4 What option should the Reed's consider to reduce their monthly payment? a. Opt for a shorter term loan b. Decrease the down payment amount

image text in transcribed 4 What option should the Reed's consider to reduce their monthly payment? a. Opt for a shorter term loan b. Decrease the down payment amount c. Opt for a lower interest rate 5 What is the difference between Average and Median? a. Median is the total divided by the count of items, and Average is the difference between high and low b. Average is the middle point, and Median is the total divided by the count of items c. Median is the middle point, and Average is the total divided by the count of items 6 Looking at the Median and Average statistics, why is Average higher than the Median a. The Average is skewed by a house with a higher cost b. The Median is skewed by a house with a higher cost c. The Average is skewed because of the small number of houses

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