The United States and Canada (among others) are countries in which a significant proportion of citizens are immigrants. Many arrive in North America with few assets but quickly adapt to a changed economic environment. The question often arises, How quickly do immigrants increase their standard of living? A study initiated by Statistics Canada surveyed three different types of families:
1. Immigrants who arrived before 1976
2. Immigrants who came to Canada after 1986
3. Canadian-born families
The survey measured family wealth, which includes houses, cars, income, and savings and recorded the results (in $1,000s). Can we infer that differences exist between the three groups? If so, what are those differences?