Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Make sure you use American Community Survey S1901 data (2020: ACS 5-Year Estimates Subject Tables - do not use ACS 1-year averages or others)
Make sure you use American Community Survey S1901 data (2020: ACS 5-Year Estimates Subject Tables - do not use ACS 1-year averages or others) and use household incomes. Also, for some counties, the names may be case sensitive (New York vs. new york). Be extra careful and always check on the left that you have the data for the correct county (if you mistype, it will automatically use National data). There will no credit it you use wrong data! Calculate the income GINI coefficient for households in Queens County. Do the same for the other remaining 10 counties. You need to calculate a total of 11 GINI coefficients. Show your work on 11 different Excel worksheets. Also calculate the respective mean/median income ratios.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
how to calculate the income GINI coefficient and meanmedian income ratios using the American Community Survey ACS S1901 data for households in Queens ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started