(Solved): A data set consists of the prices of all used cars sold by a particular dealership. The prices are ...
A data set consists of the prices of all used cars sold by a particular dealership. The prices are low (or on the smaller side) for most of the used cars sold by this dealership, but a small number of cars for sale are priced very high (or on the larger side). Two measures of center are computed for this data set: $10,295 and $13,277. One of these measures is the mean and one is the median. Which measure must be the median? The median must be $13,277 since the distribution is skewed to the right. The median must be $10,295 since the distribution is skewed to the right. The median must be $13,277 since the distribution is skewed to the left. It is impossible to answer this question without more information. The median must be $10,295 since the distribution is skewed to the left.