Question: CONSTRUCTED- RESPONSE ASSIGNMENT #2 A contractor is researching the cost of different types of wood finishing and learns that oak costs $1 per square foot,
CONSTRUCTED- RESPONSE ASSIGNMENT #2
A contractor is researching the cost of different types of wood finishing and learns that oak costs $1 per square foot, teak costs $1.50 per square foot, pine costs $0.75 per square foot, and mahogany costs $8.50 per square foot.
Describe two methods for calculating the central tendency (mean, median, mode) of the cost of wood prices, then explain which method would give the most accurate representation and why.
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