How much money does an American family make in constant dollars (the constant refers to year 2000

Question:

How much money does an American family make in constant dollars (the constant refers to “year 2000” dollars)? Income is estimated using information from the General Social Survey and then converting it into constant dollars in year 2000 (CONINC). What is the level of measurement for this variable? Which measures of central tendency are appropriate for this kind of variable?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Elementary Statistics In Social Research

ISBN: 9780205845484

12th Edition

Authors: Jack A. Levin, James Alan Fox, David R. Forde

Question Posted: