The distribution of income tends to be skewed to the right. Suppose you are running for a
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The distribution of income tends to be skewed to the right. Suppose you are running for a congressional seat and wish to portray that the average income in your district is low. Which measure of central tendency, the mean or the median, would you report? Why?
DistributionThe 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...
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