Statistics Unit Test
5 of 155 of 15 Items
Question
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 2The values of several houses on Mango Street are displayed on the table. What is the median value of these houses?
(1 point)
To find the median value, we first need to arrange the values in order from least to greatest:
$150,000, $150,000, $220,000, $220,000, $220,000, $220,000, $490,000, $490,000, $490,000, $540,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000, $975,000
There are 18 values in total, so the median is the average of the 9th and 10th values, which are $490,000 and $540,000.
Therefore, the median value of these houses is ($490,000 + $540,000) / 2 = $515,000.