The following printout is a summary of housing prices in Edmonton: What can we determine from this printout?
A) The mean list price is less than both the median and modal prices
B) The median list price is the most representative as it is larger than the modal price and smaller than the mean price.
C) The modal price is affected by a few houses that must be priced very high
D) More than half of the houses are listed above $425,000.

Question

The following printout is a summary of housing prices in Edmonton:  What can we determine from this printout?
A) The mean list price is less than both the median and modal prices 
B) The median list price is the most representative as it is larger than the modal price and smaller than the mean price. 
C) The modal price is affected by a few houses that must be priced very high 
D) More than half of the houses are listed above $425,000.

Quizplus · Accepted Answer

The median list price is the most representative as it is larger than the modal price and

The Following Printout Is a Summary of Housing Prices in Edmonton