Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Oct 2017 My Price 3.00

median income of a middle-class

Family income in the middle class. Bauer et al. (2011) identified the median income of a middle-class family in their sample to be $84,200 annually; the mean family income was $85,300 annually. In their data, the lowest family income reported in this group was $65,100 annually, and the highest family income reported was $103,400 annually. Based on the data given, was the mean an appropriate value to summarize these data? Explain.

 

Answers

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Status NEW Posted 21 Oct 2017 12:10 PM My Price 3.00

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