According to the U.S. Bureau of the Census, Current Population Reports 2013, the mean and median income
Question:
According to the U.S. Bureau of the Census, Current Population Reports 2013, the mean and median income for households with health insurance was $86,431 and $66,000, respectively. For households without health insurance, the mean and median income was $53,373 and $39,000, respectively. Does this suggest that the distribution of income for households with health insurance is symmetric, skewed to the right, or skewed to the left? What about for households without health insurance? Explain.
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9780321997838
4th Edition
Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
Question Posted: