dusions/o-9749 HOUSEHOLD INCOME In 2019 poll was taken in a large metropolitan neighborhood in which families in 20 were asked their annual household income. The results of this poll is given in Table 1. Table 1: 2019 Annual Income (in dollars) 2019 Income ($) 15,700 25,000 55,000 120,000 64,000 18,100 23,000 34,600 33,000 512,000 74,000 21,000 18,400 26,500 34,000 37,000 42,800 41,000 31,500 28,700 In order to do a larger study, this poll was given to the same 20 respondents in 2020. However, by this time, the first person in the sample moved, selling their house to a corporate CEO who earns $1,415,000 a year. Table 2 contains the results of the 2020 income poll. Table 2: 2020 Annual income (in dollars) 2020 Income ($) 1,415,000 25,000 55,000 120,000 64,000 18,100 23,000 34,600 33,000 512,000 74,000 21,000 18,400 26,500 34,000 37,000 42,800 41,000 31,500 28,700 Directions: We want to explore the measures used to summarize these two data sets--namely, the mean and the median. 1. Start a New Thread: In a new thread, provide answers to the following 1. Find the mean and median incomes of 2019, and find the mean and median incomes of 2020 How did the mean change from 2019 to 2020? How did the median change from 2019 2020 2. Which of these measures-the mean or the median do you think does a better job of representing the "middle" or "center" of these data set? Asked another way, which measure-the mean or the median-does a better job of summarizing most of the families' household incomes? Explain why you prefer to use either the meat or the median to summarize things the household income? Use this scenario as an example ho Phirt 810 F11 F12