Value per House 150,000,220.000,490,000,540,000,800,000,975,000

Question

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?

Answer 1

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

Since there are 6 numbers, the median will be the average of the 3rd and 4th numbers when arranged in ascending order.

Median = (490,000 + 540,000) / 2
Median = 515,000

Therefore, the median value of the houses on Mango Street is $515,000.