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Median Net Worth in 2010 Was Highest for Family Households

question 44

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Median net worth in 2010 was highest for family households with a head in which age group?


Definitions:

Mean

The arithmetic average of a set of values, calculated by dividing the sum of these values by the number of values.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values, indicating how much individual data points differ from the mean.

Normal Curve

A bell-shaped curve showing the usual frequency distribution of values of measured human traits and other natural phenomena.

Test-retest Reliability

A measure of consistency in the results of a test administered to the same individuals at two different points in time.

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