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I am looking at a population with the following income distribution: Number of people Income 4 1,195 2 2,393 12 3,731 5 4,381 2 5,871
I am looking at a population with the following income distribution: Number of people Income 4 1,195 2 2,393 12 3,731 5 4,381 2 5,871 by how much does the average income change if the population gains one person who earns 25 times 5,871? (give the absolute value of your answer - i.e. answer with a positive number)
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