A real estate agent lists the recent sale prices of 10 homes…
A real estate agent lists the recent sale prices of 10 homes in a neighborhood. Nine of the homes sold between $250,000 and $300,000, but one home — a historic mansion — sold for $1.2 million. Explain which measure of center, the mean or the median, would better describe the “typical” home price in this neighborhood, and why.
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