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The median price of all houses sold in the Seaside Hills neighborhood last year was $450,000. Was the average (arithmeti

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by VJesus12 » Tue Jun 30, 2020 7:56 am

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The median price of all houses sold in the Seaside Hills neighborhood last year was $450,000. Was the average (arithmetic mean) price of the houses sold last year greater than $400,000?

(1) The most expensive house sold in Seaside Hills last year was sold for $800,000.

(2) Exactly three houses were sold in Seaside Hills last year.

[spoiler]OA=C[/spoiler]

Source: Manhattan GMAT
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