Discussion Post: Quantitative Methods
Every day, you are hearing about average price, average score, average gas consumption, and so on. Sometimes, you hear about median income or similar terms. Are they different? Is average income the same as median income? Try something new in this forum: quick and fun research.
Perform online research by searching for average and median household income by state (for example, you can use this resource to learn about household income by state), and locate your state. Identify the average and median household income. For Florida, the average household income is greater than the median income. Does that mean that the median is always lower than average? If not, please elaborate and provide an example that indicates opposite results.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.