Income Distribution Analysis 1

 

Find the mean and median income of each country.

 

Data Set:

 

Country A

1,000,000

   12,000

    6,000

   70,000

   17,000

  500,000

    7,000

    5,000

   10,000

 

Country B

  300,000

   30,000

   30,000

   30,000

   20,000

  100,000

   40,000

   40,000

   25,000

 

Country C

  600,000

   17,000

   40,000

   40,000

    7,000

  200,000

   10,000

   10,000

   30,000

   35,000

   25,000

   25,000

   25,000

   15,000

   15,000

 

Which country has the best income distribution?  Why?