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?

pls help

1 answer

To find the median value of the houses, we first need to arrange the values in ascending order:

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

There are a total of 18 houses listed. Since 18 is an even number, the median will be the average of the two middle values.

The two middle values are $490,000 and $540,000.

To find the average, we add the two values and divide by 2:
($490,000 + $540,000) / 2 = $1,030,000 / 2 = $515,000

Therefore, the median value of these houses is $515,000.