Find the mean and median price for 2016 House prices: The following table presents prices, in thousands of dollars, of single-familyhomes for some of the largest metropolitan areas in the United States for the third quarter of2015 and the third quarter of 2016.Metro AreaAtlanta, GABaltimore, MDBoston, MAChicago, ILCincinnati, OHCleveland, OHDallas, TXDenver, COHouston, TXLos Angeles, CAMiami, FL2015 2016181.5 182.0254.5 265.8414.6 435.8286.4 250.8151.9 160.6129.7 138.1215.2 232.2362.9 394.4221.1 217.4449.0 480.0289.0 310.0Minneapolis, MN 228.0 242.4Source: National Realtors AssociationFind the mean and median price for 2016.Metro AreaNew York, NYPhiladelphia, PAPhoenix, AZPittsburgh, PAPortland, ORRiverside, CASt. Louis, MOSan Diego, CA2015 2016398.3 395.4231.7 232.2217.9 234.7159.5 155.0314.8 356.7291.7 315.5163.6 170.3547.8 589.9San Francisco, CA 808.6 885.6Seattle, WATampa, FLWashington, DC385.3 420.5175.0 199.9401.1 406.9Page

Answered: House prices: The following table…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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Find the mean and median price for 2016

House prices: The following table presents prices, in thousands of dollars, of single-family
homes for some of the largest metropolitan areas in the United States for the third quarter of
2015 and the third quarter of 2016.
Metro Area
Atlanta, GA
Baltimore, MD
Boston, MA
Chicago, IL
Cincinnati, OH
Cleveland, OH
Dallas, TX
Denver, CO
Houston, TX
Los Angeles, CA
Miami, FL
2015 2016
181.5 182.0
254.5 265.8
414.6 435.8
286.4 250.8
151.9 160.6
129.7 138.1
215.2 232.2
362.9 394.4
221.1 217.4
449.0 480.0
289.0 310.0
Minneapolis, MN 228.0 242.4
Source: National Realtors Association
Find the mean and median price for 2016.
Metro Area
New York, NY
Philadelphia, PA
Phoenix, AZ
Pittsburgh, PA
Portland, OR
Riverside, CA
St. Louis, MO
San Diego, CA
2015 2016
398.3 395.4
231.7 232.2
217.9 234.7
159.5 155.0
314.8 356.7
291.7 315.5
163.6 170.3
547.8 589.9
San Francisco, CA 808.6 885.6
Seattle, WA
Tampa, FL
Washington, DC
385.3 420.5
175.0 199.9
401.1 406.9
Page

Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

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