Central Tendencymedium
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In a survey of monthly household incomes in a small town of families, the incomes of families range between and USD, while two families have monthly incomes of and USD. Which of the following statements regarding the measures of central tendency for this distribution is/are correct?
In a survey of monthly household incomes in a small town of families, the incomes of families range between and USD, while two families have monthly incomes of and USD. Which of the following statements regarding the measures of central tendency for this distribution is/are correct?