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Answer :
The median of the given set of gross rent multipliers is 94.5. Hence the correct answer is option b.
We must first arrange a group of numbers in ascending order before figuring out the middle number in order to calculate the median. The set of gross rent multipliers in this instance is (95, 93, 120, 94, 93, 129).
Ranking them from lowest to highest:
93, 93, 94, 95, 120, 129
The median is the average of the two middle values, 94 and 95, since there are six numbers in the collection. Consequently, the median is:
median = (94 + 95) / 2
median = 189 / 2 = 94.5
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