The work is devoted to the problem of plane monochromatic longitudinal wave propagation through a homogeneous elastic medium with a random set of spherical inclusions. The effective field method and quasicrystalline approximation are used for the calculation of the phase velocity and attenuation factor of the mean (coherent) wave field in the composite. The hypotheses of the method reduce the diffraction problem for many inclusions to a diffraction problem for one inclusion and, finally, allow for the derivation of the dispersion equation for the wave vector of the mean wave field in the composite. This dispersion equation serves for all frequencies of the incident field, properties and volume concentrations of inclusions. The long and short wave asymptotics of the solution of the dispersion equation are found in closed analytical forms. Numerical solutions of this equation are constructed in a wide region of frequencies of the incident field that covers long, middle, and short wave regions of propagating waves. The phase velocities and attenuation factors of the mean wave field are calculated for various elastic properties, density, and volume concentrations of the inclusions. Comparisons of the predictions of the method with some experimental data are presented; possible errors of the method are indicated and discussed.