To find the median value, we need to arrange the house values in order and find the middle value.
$150,000, $220,000, $220,000, $220,000, $490,000, $490,000, $490,000, $540,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000, $975,000
There are 16 values, so the middle is between the 8th and 9th values.
Median = ($490,000 + $540,000)/2 = $515,000
Therefore, the median value of the houses is $515,000.
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 2
The values of several houses on Mango Street are displayed on the table. What is the median value of these houses?
(1 point)
1 answer
1 answer