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5. You are looking for a home in three neighborhoods. In one neighborhood, the mean price...

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Advance Math

5. You are looking for a home in three neighborhoods. In oneneighborhood, the mean price is much smaller than the median price.In a second neighborhood the mean and median price are the same. Inthe third neighborhood, the mean price is larger than the medianprice. What does this information tell you about homes in the threeneighborhoods? Would you be more inclined to buy a home in oneneighborhood than the two others? Explain your reasoning. Exercise21 in Section 6.1 is relevant to this topic. What effect might anoutlier have on the five-number summary? Exercise 23 in Section 6.1is relevant to this topic.

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