The accompanying table lists the 2010 median household incomes, rounded to the nearest dollar, for all 50
Question:
a. Construct a frequency distribution table. Use the following classes: $37,000€“41,999, $42,000€“46,999, $47,000€“51,999, $52,000€“56,999, $57,000€“61,999, and $62,000€“66,999.
b. Calculate the relative frequency and percentage for each class.
c. Based on the frequency distribution, do the data appear to be symmetric or skewed?
d. What percentage of these states had an estimated median household income of $52,000 or more?
The 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
Question Posted: