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

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by Gmat_mission » Tue Nov 10, 2020 7:46 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.

Answer: C

Source: Manhattan GMAT
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