The distribution of the top 1% of individual incomes in the US is strongly skewed to the right. In 1997, the two measures of center for the top 1% of individual incomes were $330,000 and $675,000....


The distribution of the top 1% of individual incomes in the US is<br>strongly skewed to the right.<br>In 1997, the two measures of center for the top 1% of individual<br>incomes were $330,000 and $675,000.<br>Which number represents the mean income of the top 1% and<br>which number represents the median income of the top 1%?<br>There is not enough information to tell which is whicn.<br>$330,000 is the median and $675.000 is the mean.<br>$330,000 is the mean and $675,000 is the median.<br>

Extracted text: The distribution of the top 1% of individual incomes in the US is strongly skewed to the right. In 1997, the two measures of center for the top 1% of individual incomes were $330,000 and $675,000. Which number represents the mean income of the top 1% and which number represents the median income of the top 1%? There is not enough information to tell which is whicn. $330,000 is the median and $675.000 is the mean. $330,000 is the mean and $675,000 is the median.

Jun 08, 2022
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