Household incomes Rich and poor households differ in ways that go beyond income. Following are histograms that compare the distributions of household size

(number of people) for low-income and high-income households.53 Low-income households had annual incomes less than $15,000, and high-income households had annual incomes of at least $100,000.

(a) About what percent of each group of households consisted of two people?

(b) What are the important differences between these two distributions? What do you think explains these differences?

Transcribed Image Text:

60 50 50 40 T 40 30 20 Percent 20 20 10 0 1 2 3 4 5 6 7 Household size, low income 60 60 50 50- T 40 40 T 20 30 T 20 20 Percent 10 0 1 2 3 4 5 6 7 Household size, high income