The Statistical Abstract of the United States reported that in 2004 for those with a college education,
Question:
a. Explain how the mean and median could be so different for each group.
b. Which measure do you think gives a more realistic measure of a typical net worth, the mean or the median. Why?
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a Some people who make a huge amount of money inflate ...View the full answer
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Related Book For 
Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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