Question: Answer the following questions based on this statement: Mean household income in New Jersey is $118,000 and median is $85,000. Interpret the median. . Mean

Answer the following questions based on this statement: Mean household income in New Jersey is $118,000 and median is $85,000.

Interpret the median. .

Mean income is __% greater than median income. Fill in the blank and show your calculation.

What might be causing the mean to be much higher than the median?

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