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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Rich magazine readers. The business magazine Forbes reports (July 5, 1999) that the median household wealth of its readers is $956,000. (a) Is the mean wealth of these households greater or less than $956,000? Why? (b) The data were reported by a sample of Forbes readers contacted by telephone. We suspect that $956,000 is a bit higher than the true median wealth. Why?
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