Robert is using the following data samples to make a claim about the house values in his neighborhood: House Value A $250,000 B $275,000 C $300,000 D $267,000 E $250,000 Based on the data, should Robert use the mean or the median to make an inference about the house values in his neighborhood?

Question

Mae

Mathematics

3 September, 09:18

Robert is using the following data samples to make a claim about the house values in his neighborhood: House Value A $250,000 B $275,000 C $300,000 D $267,000 E $250,000 Based on the data, should Robert use the mean or the median to make an inference about the house values in his neighborhood?

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Terrance Gonzales · Answer 1

Robert should use the mean to make an inference about the houses values in this neighborhood. The mean is $268,400 and the median is $267,000. The mean is larger suggesting that his neighborhoods value is larger than the median.