Question

According to OpenSecrets.org, the net worth of U.S. senators is strongly skewed to the right. In 2010, the two measures of center for U.S. senators were $2,502,770 and $13,224,333. Which number best represents the mean net worth and which represents the median net worth of US Senators?
$2,502,770 is the mean and $13,224,333 is the median.
$2,502,770 is the median and $13,224,333 is the mean.

Answer 1

Answer:

Option A) $2,502,770 is the mean and $13,224,333 is the median.

Step-by-step explanation:

We are given the following in the question:

The net worth of U.S. senators is strongly skewed to the right.

Measures of center are:

$2,502,770 and $13,224,333

Property of a right skewed data

• For a right skewed data, the mean of data is less than the median of the data.

• Median > Mode

Thus, from the two measures of center $13,224,333 ix the median value and the smaller one $2,502,770 is the mean value.

Option A) $2,502,770 is the mean and $13,224,333 is the median.