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Question
question 8 (1 point)
in a sample of 25 households, one house is worth $900,000. half of the rest are worth $280,000, and all the others are worth $315,000. which is the better measure of the \center\: the mean or the median?
the mean. the average is the only way to measure the center of data.
the mean is a better measure of the \center\ of the data since all the data is spread out over the range of values for the home values.
the median is the better measure of the \center\ than the mean because the $900,000 is an outlier.
neither. since not everyone earns the same amount it doesnt make sense to find a center for the data.
The mean is affected by extreme values (outliers). Here, $900,000 is an outlier. The median is less affected by outliers. So, when there is an outlier, the median is a better measure of the center.
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The median is the better measure of the "center" than the mean because the $900,000 is an outlier.