$52,300 for a family of 4 is what the government needs to collect.

[theprof00]

HappySqurriel said:

Moongoddess256 said:
I'd like to mention while most families don't make that much, theres a good handfull of people who make millions a year.

 

"Median" means the midpoint where 50% of the values are equal to or greater than that value, while it also means that 50% of the values are less than or equal to that value ...

I think it would be beneficially to supplement this definition with some examples

1 1 2 2 2 2 3 4 4 4 4 7 7 8 9

Here the median is represented by the first #4 because it is eigth in line. It is halfway in a list of 15 figures.

The mean here is 4 as well (sum of all figures divided by the number of figures ie 15)

In this line

1 1 1 1 1 1 1 1 2 2 3 4 7 11 20

Here the median is 1

the mean here is 4.26

(I'm sure you understand already. This is just to clarify for others.)