In a survey, the median household income in a country was found to be £27000, and the mean household income was £53000. a) Explain how the median and mean are calculated. b) What explains the difference in the two averages?
In a survey, the median household income in a country was found to be £27000, and the mean household income was £53000. a) Explain how the median and mean are calculated. b) What explains the difference in the two averages?
Chapter5: Decimals
Section5.5: Averages And Probability
Problem 401E: Explain in your own words the difference between the mean, median, and mode of a set of numbers.
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