Refer to Table 21.3. What are the median income and the mean income for Marklar. Are they the same?

What will be an ideal response?

The median income is the income of the person in the middle of the income distribution, which is Sharon, whose income is $22,000.
The mean income is the average of all income of all seven residents, or [($70,000 + $22,000 + $40,000 + $15,000 + $70,000 + $6,000 + $7,500 ) / 7] = ($230,500 / 7 ) = $32,928.57.
The mean income is almost 50% higher than the median income.