Arithmetic mean: grouped data
Money Income of Households, 1998
(in 1,000’s)
Household $
f
Midpoint
< $10,000
10,705
5,000
$10,000-14,999
8,093
12,500
$15,000-24,999
14,587
20,000
$25,000-34,999
13,698
30,000
$35,000-49,999
16,660
42,500
$50,000-74,999
19,272
62,500
$75,000+
20,860
75,000
103,875
Source:
U.S. Census Bureau, Statistical Abstract of the U.S., 2000, Table 738.