Question
An analyst was asked to predict the gross social benefits of building a swimming pool in Dryville, which has a population of 70,230 people and
An analyst was asked to predict the gross social benefits of building a swimming pool in Dryville, which has a population of 70,230 people and a median household income of $31,500. The analyst has identified 24 towns in the region that already had public swimming pools. He conducted a telephone interview with the recreation department in each town to find out what fee it charged per visit and how many visits it had during the most recent summer season. He also collected data on each town's population and median household income in the most recent census. The excel spreadsheet contains all of this information.
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