A sample of seven individuals has the following set of annual incomes: $40,000, $41,000, $41,000, $62,000, $65,000,
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A sample of seven individuals has the following set of annual incomes: $40,000, $41,000, $41,000, $62,000, $65,000, $125,000, and $650,000. Find the mean income, the median income, and the mode of this sample.
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The presence of two highincome members of the set cause the ...View the full answer
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