The people least likely to have good incomes are those who were born into poverty. With the intentionally built barriers out of poverty, it is nearly impossible to move out of it in some situations.
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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.
When numbers are put in order either least to greatest or greatest to least, the one in the middle is the median. In an even set of numbers the average of the middle two numbers is the median. 30.5 is the median of these 3 numbers.
order the numbers least to greatest and the median number is in the middle
The median must be at least as great as the first quartile in any data set. Normally it would be greater.The median must be at least as great as the first quartile in any data set. Normally it would be greater.The median must be at least as great as the first quartile in any data set. Normally it would be greater.The median must be at least as great as the first quartile in any data set. Normally it would be greater.