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Mean and Median are exemplified.

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Provide ten or more numerical data values from the data that you use in your profession (real estate house prices in a neighborhood, test scores of a particular test, blood pressure of patients, etc.) and find its Mean and Median value. Explain which one of the Mean or Median is not sensitive to extreme values (low or high) and why this is so.

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Solution Summary

Provide ten or more numerical data values from the data that you use in your profession (real estate house prices in a neighborhood, test scores of a particular test, blood pressure of patients, etc.) and find its Mean and Median value. Explain which one of the Mean or Median is not sensitive to extreme values (low or high) and why this is so.

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Real Estate

$500,000
$150,000
$125,000
$123,000
$119,000
$115,000
$110,000
$105,000
$95,000
$40,000

$148,200 is the mean
$117,000 is hte ...

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