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: 47c

Answer

As you see, the median net worth was $120,300, but the richest are billionaires.

Work Step by Step

This means that the tail of the distribution is very long.
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