The values of several houses on Mango Street are displayed on the table. What is the median value of these houses?

Valure per house : $150,000, $220,000, $490,000, $540,000, $800,000, $975,000.

Number of Houses : 2, 4, 3, 2, 5, 2

The values of several houses on Mango Street are displayed on the table. What is the median value of these houses?

1 answer

To find the median value of the houses, we need to arrange the values in order from least to greatest.

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

Next, we need to find the middle value. Since there are 18 houses in total (2+4+3+2+5+2=18), the middle value will be the average of the 9th and 10th numbers when we list them in order.

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

The 9th and 10th numbers are both $540,000. Therefore, the median value of the houses on Mango Street is $540,000.
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