Question

Bob is a realtor who specializes in high-end properties. In an advertising campaign, he wants to point out that his properties are worth more than those of his competitors. The selling prices of the properties he is currently selling are listed in the data set below (in millions of dollars). Which measure of central tendency should Bob use to represent the selling price of his homes?
{2.35, 1.75, 1.90, 2.45, 2.90, 5.43, 1.95}
A.
Bob should use either the mean or median, as they will produce the same value.
B.
Bob should use the median to make his selling price look like it's the greatest.
C.
Bob should use the mode to make his selling price look like it's the greatest.
D.
Bob should use the mean to make his selling price look like it's the greatest.

Answer 1

Answer:

D.

Bob should use the mean to make his selling price look like it's the greatest.