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Data on the Amount of Money Made in a Year

Question 4

Multiple Choice

Data on the amount of money made in a year by 1,000 families in a small town were collected. You want to know how much each family will get if the money made by all the 1,000 families is pooled together and then evenly redistributed back to them. Which of the following would you compute?


A) Arithmetic mean
B) Median
C) Interquartile range
D) Coefficient of correlation

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