57 In 1986. the US. Federal Reserve sampled about 4000 households to estimate overall net worth of...
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57 In 1986. the US. Federal Reserve sampled about 4000 households to estimate overall net worth of a family. Excluding some outliers of extremely wealthy individuals. they reported the summaries $44,000 and $145.000 One of these was the mean. and one was the median. Which do you think was the median? Why?
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Related Book For
Statistical Methods For The Social Sciences
ISBN: 9780135265260
3rd Edition
Authors: Alan Agresti, Barbara Finlay
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