Re: Pls advise: "best fit" statistics?



Phil Sherrod wrote:
> Why don't you use the median price rather than the mean?
> This is the way house prices for an area are usually quoted.

I think my question can be answered independently of my reasons.
I am not asking what is the better statistic to use. I am asking
which is the more representative mean (and sd) to use for fitting
a normal distribution curve to the histogram of the data.

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