A property sells for $140,000 two years after it was purchased. If the annual appreciation rate is 6%, how much did the original
1 answer:
You might be interested in
Answer: Choice A) mean, there are no outliers
Have a look at the image attached below. I made two dotplots for the data points. The blue points represent bakery A. The red points represent bakery B. For any bakery, the points are fairly close together. There is no point that is off on its own. So there are no outliers, making the mean a good choice for the center. If there were outliers, then the median is a better choice. The mean is greatly affected by outliers, while the median is not.
