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The table shows the distribution of income among ten households. Which of the following statements is TRUE? Household Income Distribution (in thousands of dollars) $15
The table shows the distribution of income among ten households. Which of the following statements is TRUE? Household Income Distribution (in thousands of dollars) $15 $25 $30 $45 $55 $60 $80 $95 $130 $250 Median income for these ten households is $55,000 The household making $30,000 is in the bottom quintile of the distribution The top quintile of this distribution earns 48.7% of total income Mean income for these ten households is $57,500 99+ OLDE
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