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#1 2005-12-13 04:06:15

babyangel1972
Member
Registered: 2005-12-12
Posts: 18

Find the Median

The median price of homes sold in 1991 by region of the country is given below.
          South=  $88,200
          Northeast=  $136,700
          Midwest= $76,800
          West=  $147,600
The median price of a home in the Midwest was approximatley what fraction of the median selling price of a home in the West?

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#2 2005-12-13 04:43:07

John E. Franklin
Member
Registered: 2005-08-29
Posts: 3,588

Re: Find the Median

Just over a half because 75K is half of 150K and if you make the 150K smaller in
the denominator and the 75K bigger in the numerator, then the fraction gets
bigger.  That's why I say "over" a half.  76/147 is about 75/150.


igloo myrtilles fourmis

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#3 2005-12-13 09:07:25

mjdm
Guest

Re: Find the Median

Its between south and northeast

#4 2005-12-13 11:28:07

irspow
Member
Registered: 2005-11-24
Posts: 1,055

Re: Find the Median

76800/147600 = 64/123 ≈ 52%


I am at an age where I have forgotten more than I remember, but I still pretend to know it all.

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