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Wealth of people in African nations has a right skewed distribution - i.e., most people have modest assets (measured in US $) and few have
Wealth of people in African nations has a right skewed distribution - i.e., most people have modest assets (measured in US $) and few have large assets. The World Bank released the following 3 numbers related to wealth of African nations: $990000, $52000, and $1200. Choose the correct statement from the options given below: i) Mean = $52000, Median = $1200, Mode = $990000 ii) Mean = $990000, Median = $52000, Mode = $1200 iii) Mean = $1200, Median = $990000, Mode = $52000
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