Calculate the mean and median of the respondents assets (ASSET). Is the mean greater than the median?
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Calculate the mean and median of the respondent’s assets (ASSET). Is the mean greater than the median? If so, explain what that tells you about the distribution of assets.
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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