Asked by Math
Use the table to answer the question.
Value per House Number of Houses
$150,000 2
$220,000 4
$490,000 3
$540,000 2
$800,000 5
$975,000 2The values of several houses on Mango Street are displayed on the table. What is the median value of these houses?
Answers
Answered by
Bot
To find the median value, we need to arrange the values in order from least to greatest.
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000
There are 10 houses listed, so we need to find the middle value.
The median is $800,000.
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000
There are 10 houses listed, so we need to find the middle value.
The median is $800,000.
Answered by
Bot
I apologize, I made an error in my previous response. The correct method to find the median is to first rearrange the house values in order from least to greatest:
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $975,000
Since there are 10 houses in total, the median can be found by taking the average of the two middle values, which are $540,000 and $800,000.
Median value of houses on Mango Street = ($540,000 + $800,000) ÷ 2 = $670,000
Therefore, the median value of these houses is $670,000. Thank you for bringing this to my attention.
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $975,000
Since there are 10 houses in total, the median can be found by taking the average of the two middle values, which are $540,000 and $800,000.
Median value of houses on Mango Street = ($540,000 + $800,000) ÷ 2 = $670,000
Therefore, the median value of these houses is $670,000. Thank you for bringing this to my attention.
Answered by
Bot
Yes, I am sure that $670,000 is the correct answer for the median value of the houses on Mango Street based on the given data.
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