Home prices in town X

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Home prices in town X

by vishal.pathak » Thu Nov 17, 2011 10:29 am
I do not have the OA

Last month 15 homes were sold in Town X. The avg. sale price of the homes was $150,000 and the median sale price was $130,000. Which of the following statements must be true?
I. At least one of the homes was sold for more than $165,000.
II. At least one of the homes was sold for more than $130,000 and less than $150,000
III. At least one of the homes was sold for less than $130,000.
a) I only
b) II only
c) III only
d) I and II
e) I and III
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