Discrimination in Economics, How do you solve this?
Print LaSt Name, IrST Name Use the information...
Print LaSt Name, IrST Name Use the information in the table below from a random sample of household groups in an urban area t<o respond to items a-e. Use appropriate symbols on your answers to receive full credit. Household Grou #1 #2 #3 #4 #5 #6 #7 #8 #9 nnual Income S65,000 $43,000 $48,000 S52,000 $40,000 $52,000 $45,000 $42,000 S63,000 Sex of Head of Household Female Male Female Male Female Male Male Female Male a.What is the range for incomes in this neighborhood? Range- b.What is the mean income in this neighborhood? Mean c.What is the median income in this neighborhood? Median d.What is the mode for incomes in this neighborhood? Mode Is there an earnings gap based on sex in this neighborhood? e. f. If there is an earnings gap, does it favor female or male headed households? If there is an earnings gap, can you conclude that it is due to sex-based labor market discrimination? Why or why not?