House prices in a street are mostly about Rs. 1 crore, but one mansion costs Rs. 20 crore. The best average to describe a typical house is:

  1. the median
  2. the mean
  3. the range
  4. the sum
Answer

A) the median

One extreme value pulls the mean up a lot; the median is not affected by it. SLO M-09-C-03 · Application

Mathematics MCQ · More Measures of Central Tendency MCQs · Practise