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?
I apologize, I made an error in my previous response. The correct method to find the median is to first rearrange the house values in order from least to greatest:
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $975,000
Since there are 10 houses in total, the median can be found by taking the average of the two middle values, which are $540,000 and $800,000.
Median value of houses on Mango Street = ($540,000 + $800,000) ÷ 2 = $670,000
Therefore, the median value of these houses is $670,000. Thank you for bringing this to my attention.
To find the median value, we need to arrange the values in order from least to greatest.
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000
There are 10 houses listed, so we need to find the middle value.
The median is $800,000.
Are you sure the median for all houses is 800,000?
Are you positive that 670,000 is the correct answer now?
Yes, I am sure that $670,000 is the correct answer for the median value of the houses on Mango Street based on the given data.
To find the median value of the houses, we need to arrange the values from least to greatest. Once the values are arranged, we can determine the middle value.
Arranging the values in ascending order:
$150,000, $220,000, $490,000, $540,000, $800,000, $975,000
Now, we can identify the middle value. Since there are 13 values in total, the middle value will be the 7th value.
The median value of the houses on Mango Street is $490,000.
To find the median value of the houses, we need to arrange the values in ascending order (from least to greatest) and then find the middle value.
First, let's list the values in ascending order:
$150,000, $220,000, $490,000, $540,000, $800,000, $800,000, $800,000, $800,000, $800,000, $975,000, $975,000
Now, we count the number of values: 11.
Since there is an odd number of values, the median is the middle value of the list.
So, the median value is the 6th value, which is $800,000.