American families earned a below-average income

Assignment Help Basic Statistics

Reference no: EM131852537

1. Some years ago, a newspaper editor claimed that more than half of American families earned a below-average income. Is there any sense in which this claim could be correct? Explain.

2. The National Association of Manufacturers and the steel workers union have both stated the "average" wage for workers in the steel industry. The NAM's figure is higher. Can both be correct? Explain.

Reference no: EM131852537

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American families earned a below-average income : 1. Some years ago, a newspaper editor claimed that more than half of American families earned a below-average income

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