Question

the chart shows the selling price of seven new homes (in order from greatest to least). which measure of central tendency would best represent the sales price of the average home sold during this time frame?
home sale prices ($)
185,000
175,000
173,000
169,000
55,000
47,000
42,800
mean
none of these
median
mode

Explanation:

Step1: Identify data characteristics

The data set has outliers (42800, 47000, 55000 are much lower than the others).

Step2: Recall central - tendency measures

Mean is affected by outliers, mode is the most frequent value (no repeated values here), median is the middle - value and is not affected by outliers.

Answer:

C. median