3.63. In 2001, the U.S. Federal Reserve sampled about 4000 households to estimate overall net worth of
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3.63. In 2001, the U.S. Federal Reserve sampled about 4000 households to estimate overall net worth of a family. The Reserve reported the summaries. $86,100 and $395,500. One of these was the mean, and one was the median. Which do you think was the median? Why?
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Related Book For
Statistical Methods For The Social Sciences
ISBN: 9780130272959
4th Edition
Authors: Alan Agresti, Barbara Finlay
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