What explains the difference between two measures of center


Problem

Median versus mean for net worth. A report on the assets of American households says that the median net worth of households headed by someone aged less than 35 years is $11,600. The mean net worth of these same young households is $90,700.30. What explains the difference between these two measures of center?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What explains the difference between two measures of center
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