Question

The following table shows information on some poverty-related variables for 5 provinces.

Province ID	Income per capita (in thousands of CA$)	Share of welfare recipients	Average life expectancy
A	45	0.05	75
B	22	0.10	66
C	32	0.08	70
D	56	0.01	80
E	70	0.01	85

Rank the provinces from poorest to richest after computing a basic (standardized) poverty index in which income per capita is weighted ½, share of welfare recipients ¼ , average life expectancy ¼.

Answer 1

Province ID	Income per capita	Share of welfare recipients	Average life expectancy	Poverty Index	Rank
	(in thousands of CA$)
B	22	0.1	66	27.525	5
C	32	0.08	70	33.52	4
A	45	0.05	75	41.2625	3
D	56	0.01	80	48.0025	2
E	70	0.01	85	56.2525	1

Poverty Index= (0.5 * Income + 0.25 *Share of welfare + 0.25 * Average life expectancy)

Rank from 5 to 1 suggest Poorest to Richest province.

Please revert for doubt.