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a) Mention two properties of a normal distribution. b) Do you think the household income or wealth in Canada is normally distributed? Show the likely shape of the distribution of household income or wealth in a diagram. Show the likely positions of the mean, median, and mode.

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Answer #1

a) The mean, median, and mode of the normal distribution are equal.

The curve of the normal distribution is bell-shaped and is symmetric about the mean.

b) No,wealth or income in Canada is unequally distributed with the top 20% of households owning about 67% of the total wealth and the bottom 20% of households owning less than 1%.

ok mode meAh meaion mome mean <median〈 mode

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