Last month 15 homes were sold in Town X. The average (arithmetic mean) 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 $130,0000 and less than $150,000.III. At least one of the homes was sold for less than $130,000.A. I onlyB. II onlyC. III onlyD. I and IIE. I and III

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Question:

Last month 15 homes were sold in Town X. The average (arithmetic mean) 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 $130,0000 and less than $150,000.III. At least one of the homes was sold for less than $130,000.A. I onlyB. II onlyC. III onlyD. I and IIE. I and III

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Answer:A. 1 only.Step-by-step explanation:

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