Nine recently sold homes in your community in the following order and for these amounts: $360,000; $460,000;

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Nine recently sold homes in your community in the following order and for these amounts:

$360,000; $460,000; $360,000; $380,000; $360,000; $420,000; $380,000; $520,000; and $360,000.

His boss, Andrew Santoso, a real estate agent at Hagen & Associates, wants him to calculate the mean, median, and mode of this real estate market.

Find the mean, median, and mode of recently sold homes. Explain your analysis, as well as the characteristics of each type of “average”.

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Statistics Informed Decisions Using Data

ISBN: 9780134133539

5th Edition

Authors: Michael Sullivan III

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Posted Date: Apr 17, 2023 06:40 AM

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Nine recently sold homes in your community in the following order and for these amounts: $360,000; $460,000;

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Solution Mean Mean SUm of Prices Count 360000 460000 360000 380000 420000 380000 5... View the full answer

Statistics Informed Decisions Using Data

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