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Housing Prices An Erie, PA, newspaper advertised homes for sale in different areas of the region. In Summit Township, seven homes were advertised at the following listing prices: $199,000, $109,000, $229,000, $169,900, $219,900, $25,500, and 5207,000. In the rural area south of Summit, six homes were advertised at The following listing prices: $749,000, $352,400. $314,900, $165,000, $175,000. and $215,000.
(a) Find the mean and median housing prices for Summit Township.
(b) Find the mean and median housing prices for the rural area.
(c) Discuss the differences between the mean and median for each region. Which gives a truer representation of the average housing price for each region?
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