please help my professor didn't explain how to do this please show the work thanks?

mean cost is the average price you can expect to pay...........

the median is a worthless number, based on the prices of ALL houses in the nieghborhood...........that means there are ones that will cost much more......like way above $435....and some will cost way below $185,000---------and are probably rat traps.

but if $435 is the mean, that tells me then that you are moving into a fairly good neighborhood, where MOST of the house will be in $435 range.......or higher.............with some lower end housing, dragging the median down. ........ but you can expect to pay the mean, of about $435,000 on average.

Dammit, kid, if you're in college and you have a "professor," then you should go to the professor's office hours and ask him/her for help. But instead you just whine to random idiots on the internet. You are not going to finish college, I guarantee you that.

The mean is subject to bias from outliers, especially when the sample size is small.

For instance: If there are 8 cheap houses and 1 incredibly expensive mansion, the expensive mansion will drag the mean upwards, perhaps to the point where it's not representative of the neighbourhood at large.

But the extreme price of 1 house will not affect the median; being far above the median has no greater impact than being only slightly above it.