Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

20. Size of American households In government data, a household consists of all occupants of a dwelling unit, while a family consists of two or

image text in transcribed
20. Size of American households In government data, a household consists of all occupants of a dwelling unit, while a family consists of two or more persons who live together and are related by blood or marriage. So all families form households, but some households are not families. Here are the distributions of household size and family size in the United States: Number of Persons 2 3 5 6 7 Household probability 0.25 0.32 0.17 0.15 0.07 0.03 0.01 Family probability 0 0.42 0.23 0.21 0.09 0.03 0.02 Let X = the number of people in a randomly selected U.S. household and Y = the number of people in a randomly chosen U.S. family. (a) Make histograms suitable for comparing the probability distributions of X and Y. Describe any differences that you observe. (b) Find the mean for each random variable. Explain why this difference makes sense. (c) Find and interpret the standard deviations of both X and Y

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting and Reporting a Global Perspective

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

4th edition

978-1408066621, 1408066629, 1408076861, 978-1408076866

Students also viewed these Mathematics questions