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According to the Department of Commerce, the mean and median prices of new houses sold in the United States in 1989 were $129,900 and 159,000.
According to the Department of Commerce, the mean and median prices of new houses sold in the United States in 1989 were $129,900 and 159,000. Which of these numbers is most likely the mean and which is the median? Explain your answer. [hint: See examples 5 & 6 on pages 115-117 in your text)
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