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Question
14 multiple choice 1 point the chart shows the selling price of seven new homes (in order from least to greatest). which measure of central tendency would best represent the average sales price of the homes sold during this time frame? home sale prices ($) 39,500 48,000 62,000 112,000 134,000 139,000 165,000 median mean mode none of these
The data set has some relatively large - valued outliers (112000, 134000, 139000, 165000 compared to 39500, 48000, 62000). The mean is affected by outliers, and there is no mode as all values are unique. The median is less affected by outliers and gives a better representation of the "typical" value in the presence of outliers.
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A. median