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ankoles [38]
4 years ago
8

According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2014 income of people aged 25 – 34 years wh

o 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.
Business
1 answer:
juin [17]4 years ago
4 0

Answer:

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.

Explanation:

The mean income of $51,754 obtained from the 2014 income of people aged 25 - 34 years with only a bachelor's degree is the average incomes.  It is obtained by adding all the incomes in the data set and then dividing by the number of values in the set. The median of $44,167 is the middle value when this data set is ordered from least to greatest while the mode is the number that occurs most often in the data set.

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Answer:

<h2>The answer in this case would be option d) given in the answer choices or It describes all the positive features of your product.</h2>

Explanation:

  • Under Consumer Value Proposition(CVP),one of the features of product or service selling constitutes an all benefit approach which involves providing concerned product or service to the customers or buyers without any comparison with other competitors or rivals in the market.
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8 0
3 years ago
Lewis, Valentine, and Harrington agreed that all people would desire the same things and cherish the same __________ if they wer
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Values are defined as standards that people use to evaluate people, things, actions, and situations. Values include traits like honesty, beauty, generosity and so on.

So according to Lewis, Valentine, and Harrington when people are in a certain economic situation they will desire the same things and share the same values.

For example middle class citizens value savings to guarantee financial independence.

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3 years ago
There are 4 households in a locality. The annual income of the first household is $20,000, the annual income of the second house
11Alexandr11 [23.1K]

Answer:

regressive

Explanation:

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On the other hand, progressive taxes increase as the income level of the taxpayers increases.

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Answer:

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The sentence could also illustrate that all costs are opportunity costs. The cost of doing something else, is not training. For example, the cost of the time that he dedicates to study, is the time that he could spent training. But here we are also talking about time, then it could be option A or option B, but for me, A and B are correct.

Because resources are scarce, all of what we decide to do have an opportunity cost.

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