Comment Re:The question is... (Score 1) 196
A median of $50,000 would indicate that at most 50% are below that line.
A mean of $50,000 has no such indication without additional figures, and considering the almost hyperbolic distribution of incomes, much more than 50% of the population could be below the mean income value.
A mean of $50,000 has no such indication without additional figures, and considering the almost hyperbolic distribution of incomes, much more than 50% of the population could be below the mean income value.