Thank You, Martin Crutsinger, AP Economics Writer
For once, someone is sensitive to the fact that I can never remember the difference between the mathematical terms mean, median, and mode. From this article, New Home Sales Fall for Fourth Straight Month; at 13-Year Low in February:
The median price of a home sold last month dropped to $244,100, 2.7 percent less than the level of a year ago. The median sales price is the point where half the homes sold for more and half for less.
Wasn’t that nice?
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KY,
What’s so tough about remembering those terms? Mean are the kind of people who suck, median is the middle part of the road you shouldn’t cross over, and mode is a kind of pie.