3. Mary is a real estate agent. One month she sold 7 houses at these prices: $171 000, $165 000, $178 000, $161 000, $174 000, $168 000, $240 0003.a) What is the median price of the houses she sold?

Answer 1

3.a) The median price of the houses Mary sold is $171,000

3.b) The mean price is greater than the median price

3.c) The median price of $171,000 better represents a typical price of the house Mary sold that month