Identify an example of a real-world/real-life skewed data set where the median would be a more appropriate
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Question:
Identify an example of a real-world/real-life skewed data set where the median would be a more appropriate measure of center than the mean. please explain.
the following are examples: a real-world skewed data set where the median would be a more appropriate measure of center than the mean is the income distribution within a country.
In many countries, the income distribution tends to be highly skewed, with a small percentage of individuals earning significantly higher incomes than the majority of the population. For instance, in countries with significant income inequality, such as the United States, there are relatively few individuals who earn extremely high incomes. In contrast, the majority of individuals earn moderate to lower incomes.
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