Assets of young households. A report on the assets of American householdssays that the

Chapter 0, Problem 2.24

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Assets of young households. A report on the assets of American householdssays that the median net worth of households headed by someone younger thanage 35 is $11,600. The mean net worth of these same young households is$90,700.8 What explains the difference between these two measures of center?

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