The boxplot below represents US income distribution (in thousands of dollars) in 2015 a) What percent of the population...
(1 point) The boxplot below represents annual salaries of attorneys in thousands of dollars in Los Angeles. About what percentage of the attorneys have salaries between $192,000 and $243,000? A. 25% B. 65% C. 45% D. None of the Above
(1 point) The boxplot below represents annual salaries of attorneys in thousands of dollars in Los Angeles. About what percentage of the attorneys have salaries between $269,000 and $292,000? O A. 80% O B. 95% О С, 25% D. 65% E. None of the Above 14θ 160 180 200 220 24θ 260 28θ 380 329 349
2) The graph below represents household income for the US population in the year 2005. The average (mean) income was $63,344 and the median income was $46,326. population standard deviation of $27,435. Assume a 112,363,000 households below $250,000 150000 Total 114,384,000 households 94 705 1250,000 a. Explain why the Empirical rule cannot be used for this data. Why would Chebyshev's rule be a good alternative? According to Chebyshev's rule, what income range would have at least the middle 75% of...
(13.36) lere is the distribution of the adjusted gross income (in thousands of dollars) reported on individual federal income tax returns in 2011: 15- 29 30 71 0.315 Income 15 75 199 200 Probablity 0.264 0.216 0. 179 026 (a) What is the probability that a randomly chosen return shows an adjusted gross incorme of $30,000 or more? P(income 30,0) +0.00)- (b) Given that a retum shows an Income of at least $30,000, what is the conditional prohabllity that the...
(30 points) Financial Statements: Laiho Industries's 2014 and 2015 balance sheets in thousands of dollars) are shown. Laiho Indus tries December 31 Balance Sheets (in thousands of dollars) 2015 2014 Assets Cas h Accounts receivable Inventories Total current assets Net fixed assets Total assets S 102,850 S 89,725 85,527 34,982 S 244,659 S 210,234 42,436 S 311,824 S 252,670 103,365 38,444 67,165 Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained...
Please could I have the answer for 5(a)(i) and (ii) with workings. thank you 5. Table 3 below presents data on the distribution of real income (in thousands of dollars) of the population of a country in the years 2000 and 2010. The population is divided into 5 income intervals, each represented by the average income of members of the group. The third and fourth columns give the percentage of population in each group in 2000 and 2010 respectively Table...
Annual income: The mean annual income for people in a certain city in thousands of dollars) is 41, with a standard deviation of 35. A pollster draws a sample of 91 people to interview. Part 1 of 5 (a) What is the probability that the sample mean income is less than 37? Round the answer to at least four decimal places. The probability that the sample mean income is less than 37 is Part 2 of 5 (b) What is...
Using the population distribution below, suppose thousands of samples of size 40 are taken from this population. What would the sampling distribution of all the sample means look like according to the Central Limit Theorem? Identify the shape. center, spread. Population Mean Median Std. dev. 11.2415 8.5987 9.4604 30 40 Population a. The sampling distribution would be normal with a mean that is less than 11.2415 and standard deviation less than 9.4604 b. The sampling distribution would be skewed to...
What is the income distribution of super shoppers? A supermarket super shopper is defined as a shopper for whom at least 70% of the items purchased were on sale or purchased with a coupon. In the following table, income units are in thousands of dollars, and each interval goes up to but does not include the given high value. The midpoints are given to the nearest thousand dollars. Income range 5-15, 15-25, 25-35, 35-45, 45-55, 55 or more. Midpoint x...
The boxplot below shows salaries for CPAs and Actuaries in a town CPA Actuary 30 35 40 45 50 55 60 65 70 75 80 Salary (thousands of S) If a person is making the third quartile salary for a CPA, his earning is equivalent to the Selact an answer salary for an Actuaries, and he is making less than L . 1% of Actuaries Points possible: 1 This is attempt 2 of 3. Submit Prtscr In 4 5 6...