I was looking up the average networth of 30 year olds in the United States and it said: “The average net worth is $122,000 and the median net worth is $35,112” my brain is too smooth please help.
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The median is the middle value in a dataset, whereas the average (also known as the mean) is the sum of all values divided by the number of values. The median is less affected by outliers, while the average can be skewed by extreme values.
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