The median price of homes sold in 1991 by region of the country is given below. South= $88,200 Northeast= $136,700 Midwest= $76,800 West= $147,600 The median price of a home in the Midwest was approximatley what fraction of the median selling price of a home in the West?
Just over a half because 75K is half of 150K and if you make the 150K smaller in the denominator and the 75K bigger in the numerator, then the fraction gets bigger. That's why I say "over" a half. 76/147 is about 75/150.