Data on the Amount of Money Made in a Year

question 15

Multiple Choice

Data on the amount of money made in a year by 1000 families in a small town were collected. You want to know how much each family will get if the money made by all the 1000 families is pooled together and then evenly redistributed back to them. Which of the following would you compute?

• A) covariance
• B) Interquartile Range
• C) arithmetic mean
• D) median

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