Refer again to the crosstabulation of household income by educational level shown in exercise 31. a. Compute

Question:

Refer again to the crosstabulation of household income by educational level shown in exercise 31.
Refer again to the crosstabulation of household income by educational

a. Compute column percentages and identify the percent frequency distributions displayed.
What percentage of the heads of households did not graduate from high school?
b. What percentage of the households earning $100,000 or more were headed by a person having schooling beyond a bachelor's degree? What percentage of the households headed by a person with schooling beyond a bachelor's degree earned over $100,000? Why are these two percentages different?
c. Compare the percent frequency distributions for those households earning "Under 25," "100 or more," and for "Total." Comment on the relationship between household income and educational level of the head of household.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780538481649

11th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: