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The Distribution of Home Prices in Nirvana Is Skewed to the Left

Question 13

Multiple Choice

The distribution of home prices in Nirvana is skewed to the left. The median price is $167,900. The mean is:


A) lower than $167,900.
B) greater than $167,900.
C) $167,900.
D) unable to be determined with this information.

Correct Answer:

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