The distribution of the top 1% of individual incomes in the US is strongly skewed to the right. In 1997, the two measures of center for the top 1% of individual incomes were $330,000 and $675,000. Which number represents the mean income of the top 1% and which number represents the median income of the top 1%?

The distribution of the top 1% of individual incomes in the US is strongly skewed to the right. In 1997, the two measures of center for the top 1% of individual incomes were $330,000 and $675,000. Which number represents the mean income of the top 1% and which number represents the median income of the top 1%?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.1: Measures Of Center

Problem 25PFA

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