Discuss the below:
Q1. A report on the assets of American households says that the median net worth of households headed by someone aged less than 35 years is $11,600. The mean net worth of these same young households is $90,700. What explains the difference between these two measures of center?
Q2. A small accounting firm pays each of its five clerks $25,000, two junior accountants $60,000, and the firm's owner $255,000. What is the mean salary paid at this firm? How many of the employees earn less than the mean? What is the median salary?