Consider the data set of house prices in thousands of dollars: $250, 260, 255, 275, 450$. Which statement accurately describes this data?

The mean is the best measure of the typical price.

The median is a better measure of the typical price than the mean.

The mode is the most representative value.

The mean and median are approximately equal.

Rates and Average and Measures of Central Tendency Practice — Grade 8 math