Author Question: When news articles report on household income level they usually report the median income, rather ... (Read 101 times)

Bob-Dole · **on:** Jun 24, 2018

When news articles report on household income level they usually report the median income, rather than the mean income. This would be because income is usually a right-skewed distribution.

Indicate whether the statement is true or false

Question 2

Parsimony is where ________.

A) the model is kept as simple as possible
B) having as many variables as possible for accuracy
C) multiple models answer questions
D) none of the above