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.
In: 8
Average/Mean refers to the sum of all quantities divider by its number, i.e: mean of 2 4 6 8 10 will be 30/5=6. Median is the the middlemost number in the group, which here is 6.
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