Mathematics

Jazlyn

26 May, 11:28

A report says that the median credit card debt of American households is zero.

We know that many households have large amounts of credit card debt. In fact, the mean household credit card debt is close to $8000.

Explain how the median debt can nonetheless be zero.

Choose the most plausible explanation:

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “A report says that the median credit card debt of American households is zero. We know that many households have large amounts of credit ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Is each line parallel, perpendicular, or neither parallel nor perpendicular to a line whose slope is - 6? Drag each choice into the boxes to correctly complete the table.

A teacher let her students grade their math quizzes Jon wrote 13 of 18 Jim wrote. 7 Joe reduce his to 5/6 who had the higher grade?

Solve the expression for x: (17 - 5) (x + 6) = 3x - 12

Solve for x. -4.5 (x - 8.9) = 12.6 Enter your answer, as a decimal, in the box.

14x2 - 8x + 3 - 6x2 + 7x-11

New Questions in Mathematics

At the place or Darlene's dog weighs 5 times as much as we are all together the dogs weigh 84 pounds how much did each dog with complete the bar tomorrow and weight equation and solve

A truck traveled 205 miles in 3/12 hours. The distance is the product of the rate and the time. To the nearest tenth, what is the average speed of the delivery truck?

On a snorkeling trip, Antonia dove at least 7 times as deep as lucy did. If Antonia dove 35 feet below the oceans surface, what was the deepest that lucy dove?

What is the reciprocal of 9/16

You are interested in knowing whether wealthier people are happier. You collected data from fifty people about their incomes and their overall happiness levels on a scale of 1 to 10.