Answer:
$184000
Explanation:
Given : The houses on a city block were thought to be valued at $169,000, $133,000, $171,000, $145,000, $180,000, $172,000, and $149,000, respectively, but a public assessor has determined that they were all undervalued by $15,000.
To Find: According to the public assessor, what is the median value of the houses?
Solution:
Data :$169,000, $133,000, $171,000, $145,000, $180,000, $172,000, and $149,000
Arrange the data in ascending order.
$133,000, $145,000,$149,000,$169,000, $171,000, $172,000, $180,000
Median is the mid value.
So, median of the data is 4th value i.e. $169,000
Since we are given that a public assessor has determined that they were all undervalued by $15,000.
So, Median = $169,000+$15000=$184000
Hence the median value of the houses is $184000