SOLUTION
Given the question in the image, the following are the solution steps to get the correct answer
Step 1: Write the monthly rents
[tex]\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}1650,\text{\$}850[/tex]We need to calculate the mean, median and moce of these data to allow us choose the best answer
Step 2: Calculate the mean
a
[tex]\begin{gathered} \text{\$}650,\text{\$}650,\text{\$}750,\text{\$}1650,\text{\$}850 \\ \operatorname{mean}=\frac{sum\text{ of monthly rents}}{number\text{ of monthly rents}} \\ \operatorname{mean}=\frac{\text{\$}650+\text{\$}650+\text{\$}750+\text{\$}1650+\text{\$}850}{5}=\frac{4550}{5}=\text{\$}910 \end{gathered}[/tex]Step 3: Calculate the median
The median is the central number of a data set. Arrange data points from smallest to largest and locate the central number.
[tex]\begin{gathered} By\text{ rearrangement},\text{ we have} \\ \text{\$}650,\text{\$}650,\text{\$}750,\text{\$}850,\text{\$}1650 \\ \operatorname{median}=\text{\$}750 \end{gathered}[/tex]Step 4: Calculate the mode
The mode is the number in a data set that occurs most frequently.
[tex]\begin{gathered} \text{data}=\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}850,\text{\$}1650 \\ \mod e=\text{\$}650 \end{gathered}[/tex]Hence, the value that best describe the rents is mean because $910 is the average rent
Option A
