The houses on a city block were thought to be valued at $175,000, $163,000,
$142,000, $135,000, $191,000, $122,000, and $147,000, respectively. But a
public assessor has determined that the value of each house is actually
$20,000 higher than previously thought. According to the public assessor,
what is the median value of the houses?
O A. $162,000
O B. $167,000
O c. $155,000
O D. $147,000
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Answer:

$167,000

Step-by-step explanation:

THAT'S THE ANSWER.COM

The median value of the houses is $167,000.

Median

What is median value?

The middle number in a collection of numbers is known as the median.

How median is calculated?

  1. Check to see if 'n' is an even number of values.
  2. Find the two numbers that are in the centre of the table of data.
  3. Adding the two middle numbers together and dividing the result by two will yield the average of the two numbers.
  4. The median is the outcome of this average.

Calculation for the median of the houses:

The initial value of the 7 houses were,

$175,000, $163,000, $142,000, $135,000, $191,000, $122,000, and $147,000.

As, the value of each house were increased by $20,000.

The value of houses after increment,

$195,000, $183,000, $162,000, $155,000, $211,000, $142,000, and $167,000.

Arrange the values in the increasing order.

$142,000, $155,000, $162,000$, 167,000, $183,000, $195,000, $211,000.

Since, the given data has 7 values which is a odd number. So,  values come in the middle is $167,000.

Therefore, the median value of the houses is $167,000.

To know more about how to find average?, here

https://brainly.com/question/130657

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