Check for Understanding - Quantitative Data

The prices, in thousands of dollars, of 304 homes recently sold in a city are summarized in the histogram. Based on the histogram, which of the following statements must be true?

• The minimum price is $250,000.

• The maximum price is $2,500,000.

• The median price is not greater than $750,000.

• The mean price is between $500,000 and $750,000.

• The upper quartile of the prices is greater than $1,500,000.