Question

A recent housing survey was conducted to determine the price of a typical home in Glendale, CA. Glendale is mostly middle-class, with one very expensive suburb. The mean price of a house was roughly $650,000. Which of the following statements is most likely to be true?A. Most houses in Glendale cost more than $650,000.B. Most houses in Glendale cost less than $650,000.C. There are about as many houses in Glendale that cost more than $650,000 than less than this amount.

Answer 1

C. There are about as many houses in Glendale that cost more than $650,000 than less than this amount.

Explanation:

The mean means the average of something . We find the average of anything by the total weight divided by total number.

Average gives us a rough estimate of how much a thing cost or around 50 % of that thing what would be the cost be .

In the given question the best Choice is C as it explains that there are as many houses having more cost than $ 650,000 as many as having less cost than $ 650,000. This is true because an equal number of houses less than or more than $ 650,000 would sum up giving an average or mean of $ 650,000.