The Following Is a Sample of the Percentage Increases in the Price

question 82

Multiple Choice

The following is a sample of the percentage increases in the price of a house from 1980 to 2001 in 8 regions of the U.S. $75,120,145,155,155,225,225,300$
Compute the median of the given sample.

• A) \(m = 155\)
• B) \(m = 120\)
• C) \(m = 175\)
• D) \(m = 225\)
• E) \(m = 145\)

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Definitions:

Hypothesis

A supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Prediction

The act of forecasting or estimating a future event based on current knowledge or analysis.

Theory

A systematic, coherent, and logical set of ideas about a particular topic or phenomenon that serves to organize and explain data and generate new knowledge.

Hypothesis

A hypothesis is a proposed explanation for a phenomenon, made as a starting point for further investigation, that can be tested through research and experimentation.