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.n Boost Mobile 56 6:49 AM 100%CQ' > Boost Mobile 5G 6:49 AM 100% (4) final examm x DOCX - 621 KB Many researchers claim
.n Boost Mobile 56 6:49 AM 100%CQ' >
Boost Mobile 5G 6:49 AM 100% (4) final examm x DOCX - 621 KB Many researchers claim that annual income is closely related to someone's highest level of education. We can use the data gathered by the GSS to see if this relationship exists in the US population. Question I. First, let's look at how income is distributed in our sample. We will use the conincom variable to measure annual income adjusted for inflation. (8 points) (a) Look at the histogram of the conincom variable in the g 400. 200 t 50000 coninc GSS data below. Describe the distribution of income, in terms of the shape, skew, and dispersion? (3 points) (b) Based on the shape of the histogram, which measure of the central tendency (mode, median, or mean) has the largest value, and which has the smallest value? And why? (2 points) Median (c) Based on the information from the histogram, do you think America has income inequality problem or not? Why or why not? (3 points, you will be graded on your reasoning). Open Office
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