The mean and median both estimate the "average" of a sample. In 2020, the US mean and median net compensations were approximately $53,383 and $34,612, respectively. What does the difference between the mean and median imply for the distribution of incomes in the US? (Use the term "skew" correctly in your answer)

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section11.3: Shapes Of Distributions
Problem 14E
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The mean and median both estimate the
"average" of a sample. In 2020, the US
mean and median net compensations
were approximately $53,383 and
$34,612, respectively.
What does the difference between the
mean and median imply for the
distribution of incomes in the US? (Use
the term "skew" correctly in your
answer)
Transcribed Image Text:The mean and median both estimate the "average" of a sample. In 2020, the US mean and median net compensations were approximately $53,383 and $34,612, respectively. What does the difference between the mean and median imply for the distribution of incomes in the US? (Use the term "skew" correctly in your answer)
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