Question

You are looking for a home in a particular neighborhood, and you want to know the typical number of bathrooms and bedrooms, the square footage, and the appraised value of houses in that neighborhood. Which measure of central tendency (mean, median, or mode) would be the most appropriate for each piece of information listed, and why?

Answer 1

For bathrooms and bedrooms, the mode will be an appropriate measure of central tendency. As mode represent the frequent number of data values. The mode will provide the appropriate here for knowing the typical number of bathrooms and bedrooms in that neighborhood.

For the square footage, the mean will be an appropriate measure of central tendency. As mean represents the average value of the square foot in that neighborhood.

For the appraised value of houses,the mean will be appropriate measure. As the mean represents the average of the appraised value of houses.