Question

Question

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?


(1 point)

Answer 1

To find the median value of the houses on Mango Street, we first need to list all the values in ascending order:

$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000

There are 20 values in total, so the median will be the average of the 10th and 11th values in the sorted list.

Median = ($540,000 + $800,000) / 2
Median = $670,000

Therefore, the median value of the houses on Mango Street is $670,000.