Question

Question 20 of 25

The houses on a city block were thought to be valued at $172,000, $164,000,
$142,000, $159,000, $191,000, $124,000, and $146,000, respectively. But a
public assessor has determined that the value of each house is actually
$20,000 higher than previously thought. According to the public assessor,
what is the median value of the houses?
A. $166,000
B. $146,000
C. $179,000
D. $159,000
SU

Answer 1

Median = $179,000

Explanation:

Given prices of the houses :

$172,000 , $164,000 , $142,000 , $159,000 , $191,000 , $124,000 , $146,000

Arrange the data in ascending order :

$124,000 , $142,000 , $146,000 , $159,000, $164,000 , $172,000, $191,000

Prices according to the public assessor :

$144,000 , $162,000 , $166,000 , $179,000 , $184,000, $192,000, $211,000

Median is the middle value in the data : $179,000