Solved: A total of 92000 new single-family homes were sold in the, Basic Statistics

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A total of 92000 new single-family homes were sold in the

Question: A total of 92,000 new single-family homes were sold in the United States during February 2006. The median price of the homes was $230,400, a decrease of 2.9% from February 2005 (U.S. Census Bureau, www.census.gov). Why do you think the Census Bureau refers to the median price instead of the mean price?

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Basic Statistics: A total of 92000 new single-family homes were sold in the

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