Which of the Following Is the Income Level in the Middle

question 27

Multiple Choice

Which of the following is the income level in the middle of all household incomes?

• A) per capita income
• B) average income
• C) real income
• D) household income
• E) median household income

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Definitions:

Range

In statistics, range refers to the difference between the highest and lowest values in a dataset, indicating the dataset's spread.

Arithmetic Average

The average of a set of numbers, determined by adding them together and then dividing by the total quantity of numbers in the set.

Distribution

Refers to the arrangement or spread of data points in statistics or the way a resource is spread out across an area or population in geography.

Mean

A statistical measure representing the average of a set of numbers.