Listed below are the 2012-2017 Census Bureau estimates of median household income for the 50 states, the District of Columbia, and Puerto Rico. https://www.census.gov/programs-surveys/acs/.

Use a statistical software package such as Excel or Minitab to help answer the following questions.

a. Determine the mean, median, and standard deviation.

b. Determine the first and third quartiles.

c. Develop a box plot. Are there any outliers? Do the amounts follow a symmetric distribution or are they skewed? Justify your answer.

d. Organize the distribution of funds into a frequency distribution.

e. Write a brief summary of the results in parts a to d.

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State Income State Income $46,472 $76,114 Alabama Montana $50,801 Alaska $56,675 $55,434 $71,305 Nebraska Arizona $53,510 Nevada $43,813 $67,169 $65,458 $73,781 Arkansas New Hampshire California $76,475 New Jersey New Mexico Colorado $46,718 Connecticut New York $62,765 Delaware $63,036 North Carolina $50,320 $77,649 $50,883 $61,285 $52,407 District of Columbia North Dakota Florida Ohio Georgia $52,977 Oklahoma $49,767 Hawaii $74,923 $56,119 $56,951 $19,775 $61,043 Oregon Idaho $50,985 Pennsylvania Illinois $61,229 $52,182 Puerto Rico Indiana Rhode Island lowa $56,570 South Carolina $48,781 $55,477 $46,535 Kansas South Dakota $54,126 Kentucky Tennessee $48,708 $46,710 $53,024 Louisiana Texas $57,051 Utah $65,325 $57,808 Maine Maryland $78,916 Vermont Massachusetts $74,167 Virginia $68,766 Michigan $52,668 Washington $66,174 $65,699 $42,009 West Virginia $44,061 $56,759 Minnesota Mississippi Wisconsin Missouri $51,542 Wyoming $60,938