Suppose the mean home value, taken from a sample of \(100\) homes in a large city, is \(\$185,000.\)
Which conclusion about home values can be made from this information?
One-fourth of the home values in the data set are two times \(\$185,000.\)
In the data set, the value of \(50\) homes is greater than \(\$185,000.\)
The average home value in the sample is \(\$185,000.\)
The average home value in the city is \(\$185,000.\)
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