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# If The mean and median income of people who worked full time in 2001 and had at least a bachelor degree were 53054 and 72674 which is the mean and the median and why?

Updated: 11/4/2022

Mcapolino

Lvl 1
14y ago

There are two numbers, 53054 and 72674.

You want me to tell you which value would logically be the mean income and which would be the median income. Since the group excludes people with part-time or unemployed, but includes people with advanced degrees (at least a bachelors), this would suggest a right skewed distribution.

A small percentage of high income earners will add to the tail, making the mean higher than the median.

Under these conditions, it would be sensible to consider the median = \$53054 and the mean = \$72674.

This is not absolute. If my sample was small and included only new graduates at a particular school, which had a few very low wage earners, (teaching assistants), the opposite could be true.

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14y ago

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Q: If The mean and median income of people who worked full time in 2001 and had at least a bachelor degree were 53054 and 72674 which is the mean and the median and why?
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