Mathematics, 08.01.2020 22:31 keegandudley

Once every three years, the board of governors of the federal reserve system collects data on household assets and liabilities through the survey of consumer finances (scf). some results from the 2013 survey are provided.

(a) transaction accounts, which include checking, savings, and money market accounts, are the most commonly held type of financial asset. the mean value of transaction accounts per household was $270,000, and the median value was $94,500 which statement explains the differences between the two measures of center?

a. the distribution of the value of transaction accounts is a left-skewed distribution.
b. the distribution of the value of transaction accounts is an approximately symmetrical distribution
c. the distribution of the value of transaction accounts is a right-skewed distribution.
d. the distribution of the value of transaction accounts is a uniform distribution.

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