The Data file Median Household contains the median household income for a family with two earners for

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The Data file Median Household contains the median household income for a family with two earners for each of the fifty states (American Community Survey, 2013).
a. Construct a frequency and a percent frequency distribution of median household income. begin the first class at 65.0 and use a class width of 5.
b. Construct a histogram.
c. Comment on the shape of the distribution.
d.
which state has the highest median income for two-earner households?
e. which state has the lowest median income for two-earner households?
Distribution
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...
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Statistics For Business & Economics

ISBN: 9781305585317

13th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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