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According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2011 income of...

According to the U.S. Census Bureau’s Current Population Survey, the mean and median 2011 income of people at least 25 years old who had a bachelor’s degree but no higher degree were $48726 and $60701 Which of these numbers is the mean and which is the median? Mean is $60701; Median is $48726. Mean is $48726; Median is $60701.

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We know that mean is is average value of population estimate and median divides population into two halves. If the distribution of data is skewed to the right then median is less than the mean.because the few high scores tend to shift the mean to the right. Hence in this case mean is greater than median mean is 60701 and median is 48726.

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