Gerald is looking to sell his motorcycle. He compiles these prices from the newspaper for bikes just like his: $2,000; $18,900;

Question

2 years ago

13

$17,100; $16,500; and $19,000. Is it more reasonable for Gerald to use the mean or the median to get a reasonable estimated price for his bike?

2 answers:

nikdorinn [45] · Answer 1 · 2023-01-20T21:00:11+03:00

5 0

Median because there is a low-outlier in 2,000 which can skew the mean because of 1 data point. Median removes the possibility of this from happening

Illusion [34] · Answer 2 · 2023-01-20T22:31:33+03:00

4 0

Answer:

Median since it is more closer to all the prices

Step-by-step explanation:

Median=17,100

Mean=14,700