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Mathematics, 03.09.2021 17:40 Savageman4654
5. Suppose that a sample of 100 homes in the metropolitan Phoenix area had a median sales
price of $300,000. The mean value of these homes was $1,000,000. Explain how this could
happen. Why might the median price be more informative than the mean price in describing a
typical house price?
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Answers: 1
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5. Suppose that a sample of 100 homes in the metropolitan Phoenix area had a median sales
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