Table 21P-1 shows a data set that contains the income of 20 households, each with a household
Question:
a. What percent of these households are below the national poverty line of $18,250 for a household of four people?
b. What is the average income of the bottom 20 percent of the households?
c. Which poverty measurement (the national one, or the bottom quintile) gives a higher poverty rate?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
a 4 out of the 20 households have income below 18250 s...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
You have been hired by the U. S. Department of Education to determine why graduation rates vary from 8% to 100% among U. S. colleges and universities. To facilitate your assignment, you are provided...
-
In the last chapter, you modified some tables for Roseys Roses. Now the company would like you to help it create some queries to extract information from the database. Make the following changes...
-
Suppose you have a data set that includes all of the professional athletes in a given sport over a given period of time, such as all NFL football players during the 20082010 seasons, and you use...
-
__________ is the process that occurs when a job applicant does research on an organization and concludes there is enough of a fit between themselves and a job opening to warrant submitting their...
-
Determine the critical value of t in each of the following circumstances: a. 1 - = 0.95, n = 10 b. 1 - = 0.99, n = 10 c. 1 - = 0.95, n = 32 d. 1 - = 0.95, n = 65 e. 1 - = 0.90, n = 16
-
Use the Squeeze Theorem to show that limx0 x2 cos20x = 0. Illustrate by graphing the functions f(x) = x2, g(x) x2 cos 20x, and h(x) = x2 on the same screen.
-
Do they appear to be competent and effective?LO1
-
Suppose that in 2023 one- and two-year interest rates are 5.2% in the United States and 1.0% in Japan. The spot exchange rate is 120.22/$. Suppose that one year later interest rates are 3% in both...
-
In 2020, Nina contributes 8 percent of her $158,000 annual salary to her 401(k) account. She expects to earn a 9 percent before-tax rate of return. Assuming she leaves this (and any employer...
-
CHB, Inc. is a bank holding company that is evaluating the potential for expanding into the state of Ohio. State law permits establishing branches in any county that is adjacent to a county in which...
-
John Rawls is a philosopher famous for his maxi-min principle, which states that society should maximize the position of the people with the mini-mum amount of goods, and not focus only on the level...
-
Which of the following are means-tested programs? a. A local public university starts to give financial aid to individuals who score above the 98th percentile on the SAT. b. The United Kingdom...
-
One kilogram of a substance experimentally shows the T-versus-Q graph in Fig. 11.21. (a) What are its melting and boiling points? In SI units, what are (b) The specific heats of the substance during...
-
What could a team leader do to determine whether individuals or teams require extra support?
-
Write a MATLAB script to visualize a parametric surface representing a torus ( doughnut shape ) ?in 3 D space. The parametric equations for a torus with major radius R and minor radius r are given...
-
Read the synopsis just above or next to the video clip, then view the clip in its entirety. here is the link https://broadwayeconomics.com/gaston/ https://broadwayeconomics.com/gaston/. (In some...
-
On your 23rd birthday you decide to invest $4,500 (10% of your annual salary) in a mutual fund earning 7% per year. You will continue to make annual deposits equal to 10% of your annual salary until...
-
The graph of a function f is given. Sketch the graphs of the following transformations of f. y 5 -4 -2 2 4 6 5 00 8 10 10 x
-
A developing science that deals with designing workplaces to promote safety and health. a. Title VII b. exclusive remedy c. collective bargaining agreement d. ergonomics e. wildcat
-
Write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability. P(x 110)
-
Discuss whether the Balanced Scorecard approach is a performance measurement system, a management system, or both.
-
A commercial fisherman notices the following relationship between hours spent fishing and the quantity of fish caught: Hours Quantity of Fish (in pounds) 0 hours ......0 lb 1.........10 2.........18...
-
Nimbus, Inc., makes brooms and then sells them door-to-door. Here is the relationship between the number of workers and Nimbuss output in a given day: a. Fill in the column of marginal products. What...
-
You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost schedule: Quantity Average Total Cost 600 players........ $300...
-
TB SA Qu. 13-74 (Static) What must Abdu invest today to... What must Abdu invest today to receive an annuity of $9,000 for four years semiannually at an 8% annual rate? All withdrawals will be made...
-
The tolal landed coet with the order gaantly sire of 6,000 unts is 4 (Enter your response roundod to the nearest dolar)
-
Boyne Inc. had beginning inventory of $12,000 at cost and $20,000 at retail. Net purchases were $120,000 at cost and $170,000 at retail. Net markups were $10,000, net markdowns were $7,000, and sales...
Study smarter with the SolutionInn App