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G12 SUPER GIO
123
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LEARN MISSIONincome, wealth, opportunity, institutions, and measurement

income, wealth, opportunity, institutions, and measurement

WORKED SOURCEWORKED SOURCE

Mean versus median wealth

Five households hold wealth $0, $20k, $30k, $50k, $900k. Mean=$200k; median=$30k.

  1. A high outlier pulls the mean.
  2. Trace the worked reasoning before selecting the conclusion.

Which measure better describes a typical household here?

MODELMobility Evidence Map
POLICY
PROVEChoose with evidence
CLUE

Pause. Find what matters. Then make your move.