A survey in 2006 reported that the median household net worth in a country was $03, 100 in 2004, In contrast, the mean household net worth was $448,200. How is it possible for the mean to be so much larger than the median? Choose the correct answer below. OA. The distribution of income is very right-skewed, with the lower tail reaching out to very low incomes. B. The distribution of income is approximately bell-shaped, making the mean larger than the median. O G. The distribution of income is very right-skewed, with the upper tail reaching out to very high incomes, D. The distribution of income is very left-skewed, with the upper tail reaching out to very high incomes. O E. The distribution of income is very left-skewed, with the lower tail reaching out to very low incomes.

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A survey in 2006 reported that the median household net worth in a country was $93,100 in 2004. In contrast, the mean household net worth was $448,200. How is it
possible for the mean to be so much larger than the median?
Choose the correct answer below.
O A. The distribution of income is very right-skewed, with the lower tail reaching out to very low incomes.
B. The distribution of income is approximately bel-shaped, making the mean larger than the median.
O C. The distribution of income is very right-skewed, with the upper tail reaching out to very high incomes.
D. The distribution of income is very left-skewed, with the upper tail reaching out to very high incomes.
E. The distribution of income is very left-skewed, with the lower tail reaching out to very low incomes.
Transcribed Image Text:A survey in 2006 reported that the median household net worth in a country was $93,100 in 2004. In contrast, the mean household net worth was $448,200. How is it possible for the mean to be so much larger than the median? Choose the correct answer below. O A. The distribution of income is very right-skewed, with the lower tail reaching out to very low incomes. B. The distribution of income is approximately bel-shaped, making the mean larger than the median. O C. The distribution of income is very right-skewed, with the upper tail reaching out to very high incomes. D. The distribution of income is very left-skewed, with the upper tail reaching out to very high incomes. E. The distribution of income is very left-skewed, with the lower tail reaching out to very low incomes.
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