Question: https://www.kaggle.com/carlolepelaars/toy-dataset 9.(10 points) Let's take a closer look at the data in the income column. (i) Provide the maximum and minimum incomes. (ii) What income
https://www.kaggle.com/carlolepelaars/toy-dataset
9.(10 points) Let's take a closer look at the data in the income column.
(i) Provide the maximum and minimum incomes.
(ii) What income would you expect for an individual residing in the population?Why have you chosen this figure?
(iii)Find the probability that a person in the population has an income less than $20,000.
(iv) Find the probability that a person in the population has an income between $50,000 and $70,000.
(v) What income can we infer only 5% of people in the population probably earn more than.
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