Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 3 - Section 3.1 - Assess Your Understanding - Explaining the Concepts - Page 140: 47b

Answer

Skewed right because $mean\gt median$

Work Step by Step

There must be some few individuals whose net worth are much higher than most people. These few individuals are to the right of the distribution (the tail).
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