Question

7. A survey of 400 households classifies them according to: (a) whether they contain a minimum-wage earner or not and (b) whether the household is below Statistics Canadas low income cutoff (LICO) or not Here are the results: Below LICO 18 Above LICO 70 Minimum Wage Not Minimum Wage 50 262 (a) Find both marginal distributions (b) Find the distribution of minimum-wage status first conditional on being below the LICO and then separately conditional on being above the LICO. (c) Is there a strong relationship between the two categorical variables? Can you think of an omitted variable/category that might be useful in understanding the relationship?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Note:As i have knowledge regarding only these bits.If you want to answer for c bit please send it separately.Thank you.

Add a comment
Know the answer?
Add Answer to:
7. A survey of 400 households classifies them according to: (a) whether they contain a minimum-wage...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Super stuck on a couple of questions on this scenario. Advanced Scenario 7: Mark and Barbara...

    Super stuck on a couple of questions on this scenario. Advanced Scenario 7: Mark and Barbara Matthews Directions Using the tax software, complete the tax retum, including Form 1040 and all appropri- ate forms, schedules, or worksheets. Answer the questions following the scenario. Note: When entering Social Security numbers (SSNS) or Employer identification Numbers (EINS), replace the Xs as directed, or with any four digits of your choice. Interview Notes • Mark and Barbara are married and want to file...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT