Question

The monthly rents for five apartments advertised in a newspaper were $650, $650, $750, $1650, and $850.the mean, median, and mode of the rents to answer the question. Which value best describes the monthlyrents?

Answer 1

Given the question in the image, the following are the solution steps to get the correct answer

Step 1: Write the monthly rents

`\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}1650,\text{\$}850`

We need to calculate the mean, median and moce of these data to allow us choose the best answer

Step 2: Calculate the mean

a

Step 3: Calculate the median

The median is the central number of a data set. Arrange data points from smallest to largest and locate the central number.

Step 4: Calculate the mode

The mode is the number in a data set that occurs most frequently.

`\begin{gathered} \text{data}=\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}850,\text{\$}1650 \\ \mod e=\text{\$}650 \end{gathered}`

Hence, the value that best describe the rents is mean because $910 is the average rent

Option A