Posted by Sam on Tuesday, October 16, 2012 at 2:00pm.
well, it may not express the price in the best way.
If all of the prices are within a relatively small range, the median is a good estimate, since there are equal numbers of houses above and below that amount.
But if many of the houses cost a lot more or less than the median, one might get a false idea of the true range of prices.
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