Mathematics

Kyson Stone

30 July, 00:10

A report says that the median credit card debt of American households is zero.

We know that many households have large amounts of credit card debt. In fact, the mean household credit card debt is close to $8000.

Explain how the median debt can nonetheless be zero.

Choose the most plausible explanation:

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “A report says that the median credit card debt of American households is zero. We know that many households have large amounts of credit ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

The distance between two cities on a map is 3.5 cm. The map uses a scale in witch 1 cm repersents 20 kilometers. what is the actual distance between these two cities

Evaluate 14 y / 2 for y equals 6

Write your question here (Keep it simple and clear to get the best answer) if use the spinner 200 times how many pink colour would you get if it has 0.2

What is the difference between 2*3 and 3*2?

What is the value of f (12) - f (8) when f (x) = 3x+9

New Questions in Mathematics

What does 2 times the quantity x plus 6 look like in an equation

Recall that a test is statistically significant at a particular significance level if the null hypothesis is rejected.

When it is 2:00 p. m. in New York City, it is 9:00 PM in Athens. If you leave New York at 7:30 a. m. on Wednesday and fly to Athens over the course of 13 hours and 45 minutes, what time will it be in Athens when you land? a. 2:30 p. m. Wednesday b.

A metal strip is being installed around a workbench that is 10 feet long and 4 feet wide. Find how much stripping is needed.

Math 8 feet rope cut into pieces that a 2/3 foot. how many pieces will he have