Based on your answers to this question, would you expect the ratio of the mean income in the united states to the median income has risen or fallen? explai

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29-08-2022
Social Studies

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Based on your answers to this question, would you expect the ratio of the mean income in the united states to the median income has risen or fallen? explai

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azikennamdi azikennamdi · Answer 1 · 2022-09-08T17:03:11-04:00

Yes, I would expect that the ratio of the mean income in the United States to the Median Income Risen. This is because means change more with extreme values.

What is Median Income?

The median income is the midpoint in the data set, which can be found by arranging all of the values in value order and looking for the middle number.

Take the average of the two middle figures to get your median income if there are two middle numbers.

What is Mean Income?

The median income is the midpoint in the data set, which can be found by arranging all of the values in value order and looking for the middle number.

Take the average of the two middle figures to get your median income if there are two middle numbers.

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