In Exercise 6, you calculated the mean number of Americans on Medicare. We now want to test

Question:

In Exercise 6, you calculated the mean number of Americans on Medicare. We now want to test whether the of Americans on Medicare is symmetrical or skewed.
a. Calculate the median and mode for each year, using all eight states. Based on these results and the means, how would you characterize the of Americans on Medicare for each year?
b. Does the mean or median best represent the central tendency of each Why?
c. If you found the distributions to be skewed, what might be the statistical cause?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...