What is the difference between Median and Average? 2.42K viewsJanuary 1, 2024 Question100.55K March 18, 2023 0 Comments 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 87 Answers ActiveNewestOldest Anonymous Posted March 18, 2023 0 Comments “Average” is somewhat ambiguous, though it usually means the mean of a set of numbers. Say you’ve got the set 1,1,2,3,13. * Mean: 4. (1+1+2+3+13)/5 * Median: 2. (the one in the middle) * Mode: 1. (the most common) You are viewing 1 out of 87 answers, click here to view all answers. Register or Login
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