Measure of central tendency-home price in oxnard acres

Reference no: EM1387935

Five homes were recently sold in Oxnard Acres. Four of the homes sold for $400,000 while the fifth home sold for $2.5 million. Which measure of central tendency best represents a typical home price in Oxnard Acres?

Reference no: EM1387935

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Measure of central tendency-home price in oxnard acres : Five homes were recently sold in Oxnard Acres. Four of the homes sold for $400,000 while the fifth home sold for $2.5 million. Which measure of central tendency best represents a typical home price in Oxnard Acres?

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