A study of Americans consumer behavior finds that the mean number of credit cards for the sample
Question:
A study of Americans’ consumer behavior finds that the mean number of credit cards for the sample is 3.6. After reading the study, a blogger writes in a post:
“The average American has 3.6 credit cards.”
a. Explain how it is possible for the mean to include a fraction of a credit card.
b. Do you agree with the blogger’s statement about “the average American”?
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Related Book For
Statistics For Social Understanding With Stata And SPSS
ISBN: 9781538109847
2nd Edition
Authors: Nancy Whittier , Tina Wildhagen , Howard Gold
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