Question: For example, if a real estate developer tells a client that the average home in a particular subdivision sold for $150,000, we assume that $150,000

For example, if a real estate developer tells a client that the average home in a particular subdivision sold for $150,000, we assume that $150,000 is a representative selling price for all the homes. But suppose that the client also asks what the median sales price is, and the median is $60,000. Why was the developer only reporting the mean price?

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