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How many statements are correct? The Federal Reserves Survey on net worth in the U.S. found that the mean net worth was greater than the

How many statements are correct?

  • The Federal Reserves Survey on net worth in the U.S. found that the mean net worth was greater than the median (Federal Reserve Bulletin discussed in Module 1).
  • If the distribution for family net worth in the U.S. is normally distributed, the mean and the median values will be essentially equal.

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