Select the best measure of central tendency
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For each of the following data sets, select the best measure of central tendency, (mean,median,mode) explain why your selection is the best measure, and then compute that measure of central tendency for the data.
Approximate average household incomes for families that live in the Fallen Pines subdivision (in thousands of dollars:
55, 59, 39, 67, 54, 90, 62, 60, 840, 390, 450, 96, 55, 55, 29, 66, 62, 45, 80, 69
Area of residential lot in acres:
0.19, 0.24, 0.24, 0.24, 0.26, 0.26, 0.27, 0.19, 0.22, 0.26, 0.27, 0.28, 0.3, 0.3, 0.3, 0.19, 0.19, 0.22, 0.22, 0.24
Brand of automobile owed by families that live in the Fallen pines subdivision:
Subaru, Subaru, Chrysler, Honda, BMW, Subaru, Ford, GM, Toyota, Ford, Toyota, Subaru, Honda, Toyota, Ford, GM, Mercedes Benz, Lexus, Volkswagen, Subaru
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Soluttion contains best measure of central tendency with necessary explanation.
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