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the following list shows the selling prices of 8 houses in a certain to…

Question

the following list shows the selling prices of 8 houses in a certain town.

housepricehouseprice
b$275,800f$295,000
c$305,400g$281,900
d$250,600h$284,700

what is the median selling price of the houses in the list?
a $263,200
b $283,300
c $288,450
d $290,600
e $293,400

Explanation:

Step1: Arrange prices in order

$250600, 275800, 275800, 281900, 284700, 295000, 302100, 305400$

Step2: Find middle - two values

Middle two are $281900$ and $284700$

Step3: Calculate median

$\frac{281900 + 284700}{2}=283300$

Answer:

B. $283,300$