Information and IdeasVery hardReading two series that move in opposite directions
Information and Ideas practice question
Median home price (in thousands of dollars) and number of homes sold in a town:
2021: 310, 850 sold
2022: 355, 720 sold
2023: 380, 540 sold
2024: 372, 610 sold
Which statement is best supported by the data?
- A. Prices rose for three years while sales fell, and in 2024 the price dipped slightly as sales recovered somewhat.Correct
- B. Prices and sales rose together in every year shown.
- C. Sales were highest in 2024.
- D. The median price fell in every year after 2021.
Answer: A. Prices rose for three years while sales fell, and in 2024 the price dipped slightly as sales recovered somewhat.
310 → 355 → 380 rising while 850 → 720 → 540 falls; then 2024 shows 372 (a small dip) and 610 (a partial recovery).
Why the other answers are wrong
- B. Prices and sales rose together in every year shown.
- Sales fell from 2021 to 2023 while prices rose.
- C. Sales were highest in 2024.
- 2021's 850 is the highest sales figure.
- D. The median price fell in every year after 2021.
- The price rose in 2022 and 2023; it fell only in 2024.
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