Use the table to answer the question. Value per house $150,000. Number of houses 2. Value per house $220,000. Number of houses 4. Value per house $490,000. Number of houses 3. Value per house $540,000 number of houses 2. Value per house $800,000 number of houses 5 value per house $975,000 number of houses 2. The values of several houses on mango street are displayed on the table. What is the median value of these houses?
To find the median value of the houses, we first need to arrange the values in ascending order:
$150,000, $220,000, $490,000, $540,000, $800,000, $975,000
Since there are 6 values, the median will be the average of the 3rd and 4th values:
Median = ($490,000 + $540,000) / 2
Median = $515,000
Therefore, the median value of these houses is $515,000.