Sally is currently working as a real estate agent at a local firm in Morris County. She is looking to promote the area and attra
ct a new affluent clientele. Listed below are the prices of the last five home sales in the area and the descriptive statistics for those sales.
House A $200,000 Descriptive Statistics
House B $225,000 Lowest Price $200,000
House C $235,000 Mean Price $437,000
House D $275,000 Median Price $235,000
House E $1,250,000 Highest Price $1,250,000
What is the most ethical course of action Sally can take in advertising to potential clients?
a. Advertise that, "Homes in our area sell for over a million dollars!"
b. Advertise that, "Homes in our area sell for an average price of $437,000."
c. Advertise that, "Homes in our area sell for a median price of $235,000."
