Question

The Current Population Survey conducted by the Census Bureau records the incomes of a large sample of U.S. households each month. What will be the relationship between the mean and median of the collected data

Answer 1

Explanation:

There are 3 possible cases that describe the relationship between the mean and median of the collected data.

First case:

If the distribution is symmetric then, mean = median.

Second case:

For the positively skewed frequency distribution, the mean is greater than the median.

Third case:

For the negatively skewed frequency distribution mean is less than the median.