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Mean or median to measure center

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Reference no: EM131812900

The "average" income of American households in 1998 was either $38,885 or $51,855, depending on whether we use the mean or median to measure center. We can say that

(a) $38,885 is the mean because income distributions are skewed to the left.

(b) $51,855 is the mean because income distributions are skewed to the left.

(c) $38,885 is the mean because income distributions are skewed to the right.

(d) $51,855 is the mean because income distributions are skewed to the right.

(e) One of the numbers must be wrong because income distributions are close to symmetric. 

Reference no: EM131812900

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