Business, 02.09.2020 03:01 genyjoannerubiera

According to the U. S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years who had a bachelor’s degree but no higher degree were $ 44,167 and $ 51,754. Which of these numbers is mean and which is the median? Explain. A. The median is $51,754 and the mean is $44,167. This is because economic variables which pulls the median above the mean. B. The mean is $51,754 and the median is $44,167. This is because economic variables are usually skewed to the right, which pulls the mean above the median. C. The median is $51,754 and the mean is $44,167. This is because economic variables are usually skewed to the right, which pulls the median above the mean. D. The mean is $51,754 and the median is $44,167. This is because economic variables are are usually skewed to the left, usually skewed to the left, which pulls the mean above the median.

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According to the U. S. Census Bureau’s Current Population Survey, the mean and median 2014 income of...

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