You are considering buying a new house in a new city. You want to know the average price of the houses in a new community to which you are considering moving. Do you want to know the mean, median or...

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You are considering buying a new house in a new city. You want to know the average price of the houses in a new community to which you are considering moving. Do you want to know the mean, median or mode price for the price of homes in that community? Why?

Answered Same DayDec 21, 2021

Answer To: You are considering buying a new house in a new city. You want to know the average price of the...

Robert answered on Dec 21 2021
115 Votes
You are considering buying a new house in a new city. You want to know the average price
of the ho
uses in a new community to which you are considering moving. Do you want to
know the mean, median or mode price for the price of homes in that community? Why?
Solution:
There are different method of computing the average viz. mean, median and mode. While...
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