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March 27, 2015

Homework Help: Stor 155

Posted by ami on Thursday, August 30, 2012 at 12:49pm.

In computing the median income of any group, some federal agencies omit all members of the group who had no income. Give an example to show that the reported median income of a group can go down even though the group becomes economically better off. Is this true of the mean income?

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