Imagine that 86,999 people who are penniless live in Centerville.Bill Gates,whose net worth is $87,000,000,000 moves to Centerville.Now the mean net worth in this town is _____ and the median net worth is _____.
A)0; 0
B)0; $1,000,000
C)$1,000,000; 0
D)$1,000,000; $1,000,000

Question

Quizplus · Accepted Answer

The mean net worth is calculated by dividing the total net worth by the number of people. With Bill Gates, the total net worth is $87,000,000,000, and there are 87,000 people, so the mean is $1,000,000. The median net worth is the middle value when all are arranged in order, which remains 0 since 86,999 people have $0.

Imagine That 86,999 People Who Are Penniless Live in Centerville