According to a government's census bureau, in 2018, the median sales price of new houses was $326,200 and the mean sales price was $384,600. Complete parts (a) t ... a. Interpret the median sales price. Choose the correct answer below. A. The arithmetic average price for a new house is $326,600. B. Half of the prices for a new house are less than or equal to $326,200, and the other half of the prices for a new house are greater than or equal to $326,200. C. The average scatter in the price for a new house is $326,200. D. The most common price for a new house is $326,200.
According to a government's census bureau, in 2018, the median sales price of new houses was $326,200 and the mean sales price was $384,600. Complete parts (a) t ... a. Interpret the median sales price. Choose the correct answer below. A. The arithmetic average price for a new house is $326,600. B. Half of the prices for a new house are less than or equal to $326,200, and the other half of the prices for a new house are greater than or equal to $326,200. C. The average scatter in the price for a new house is $326,200. D. The most common price for a new house is $326,200.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:According to a government's census bureau, in 2018, the median sales price of new houses was $326,200 and the mean sales price was $384,600. Complete parts (a) t
a. Interpret the median sales price. Choose the correct answer below.
O A. The arithmetic average price for a new house is $326,600,
O B. Half of the prices for a new house are less than or equal to $326,200, and the other half of the prices for a new house are greater than or equal to $326,200.
O C. The average scatter in the price for a new house is $326,200.
O D. The most common price for a new house is $326,200.
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