Question
The richest 5%. The distribution of individual incomes in the United States is strongly skewed to the right. In 2016, if we only look at
The richest 5%. The distribution of individual incomes in the United States is strongly skewed to the right. In 2016, if we only look at the incomes of the top 5% of Americans, the mean and median incomes of the individuals in the top 5% were $215,000 and $375,000. Which of these numbers is the mean and which is the median? Explain your reasoning.
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
978-1133939153
