Question of the day: 16 November, 2017

A survey was taken of the value of homes in a county, A survey was taken of the value of homes in a county, and it was found that the mean home value was $165,000 and the median home value was $125,000. Which of the following situations could explain the difference between the mean and median home values in the county?

A) The homes have values that are close to each other.

B) There are a few homes that are valued much less than the rest.

C) There are a few homes that are valued much more than the rest.

D) Many of the homes have values between $125,000 and $165,000.

Get the answer tomorrow!

Author: wayabroad1

Hi! I have lived and studied abroad in several countries over many years. In my many years abroad, I have learnt a lot, by being in the shoes of a student, an employee, and just a tourist. I felt like sharing everything I have learnt over the years with people who are aspiring to go abroad to study or settle. You are welcome to send me your queries and I shall do my best to answer them to the best of my knowledge. Here’s to your Way Abroad!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s