November 29, 2015

Homework Help: Statistics

Posted by Anonymous on Wednesday, May 22, 2013 at 11:15pm.

The mean and median sales prices of new homes sold in the U.S. in November 2010 were $213,000 and $268,000. Which of these numbers is the mean and which is the median? Explain how you know.

I'm assuming the median is $213,000 and the mean is $268,000. However, I'm just guessing. I'm not sure how to know this without data.

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