Question

In a particular region 27.8 percent of adults 25 years and older have at least a bachelors degree. The median income in this region is 37,084. Is this income higher than what you would expect? Why ?

Answer 1

No, because the median would most likely be an individual with a lesser degree or no degree, and since those people usually make less money than those with a degree, the median income makes sense.

Explanation: