The U.S. Census bureau serves as the leading source of quantitative data about the nation's people and economy. The following

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The U.S. Census bureau serves as the leading source of quantitative data about the nation's people and economy. The following cross tabulation shows the number of households (1000s) and the household income by the level of education for heads of household having received a high school degree or more education (U.S. Census bureau website, 2013).

The U.S. Census bureau serves as the leading source of

a. Construct a percent frequency distribution for the level of education variable. What percentage of heads of households have a master's or doctoral degree?
b. Construct a percent frequency distribution for the household income variable. What percentage of households have an income of $50,000 or more?
c. Convert the entries in the cross tabulation into column percentages. Compare the level of education of households with a household income of under $25,000 to the level of education of households with a household income of $100,000 or more. Comment on any other items of interest when reviewing the cross tabulation showing column percentages.

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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Essentials Of Modern Business Statistics With Microsoft Excel

ISBN: 9781285867045

6th Edition

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

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Question Posted: September 23, 2016 09:46:27