lizierossetti
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- Joined
- Mar 8, 2017
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The distribution of the top 1% of individual incomes in the United States is strongly skewed to the right. In 1997, the two measures of center for the top 1% were $330,000 and $675,000.
Which number best represents the mean income and which represents the median income?
a) $330,000 is the mean and $675,000 is the median.
b) $330,000 is the median and $675,000 is the mean
Which number best represents the mean income and which represents the median income?
a) $330,000 is the mean and $675,000 is the median.
b) $330,000 is the median and $675,000 is the mean