Sales at Regan Real Estate totaled 10 homes for the month. They were as follows: $115,000, $119,000, $150,000, $175,000, $160,000, $104,000, $118,000, $148,000, $165,000, $195,000. Calculate the mean and the median.

Question

Quizplus · Accepted Answer

Mean: ($115,000 + $119,000 + $150,000 + $175,000 + $160,000 + $104,000 + $118,000 + $148,000 + $165,000 + $195,000)/ 10 = $144,900; Median: $104,000, $115,000, $118,000, $119,000, $148,000, $150,000, $160,000, $165,000, $175,000, $195,000; middle = ($148,000 + $150,000)/ 2 = $149,000.

Sales at Regan Real Estate Totaled 10 Homes for the Month