=+4.54 Because some homes have selling prices that are much higher than most, the median price is
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=+4.54 Because some homes have selling prices that are much higher than most, the median price is usually used to describe a “typical” home price for a given location.
The three accompanying quotes are all from the San Luis Obispo Tribune, but each gives a different interpretation of the median price of a home in San Luis Obispo County.
Comment on each of these statements. (Look carefully. At least one of the statements is incorrect.)
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Related Book For
Statistics The Exploration And Analysis Of Data
ISBN: 9781111804138
6th Edition
Authors: John M Scheb, Jay Devore, Roxy Peck
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