Question 6: From the first list given above one can calculate the Mean, Median and Standard Deviation, as well as a Hist
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Question 6: From the first list given above one can calculate the Mean, Median and Standard Deviation, as well as a Hist
Question 6: From the first list given above one can calculate the Mean, Median and Standard Deviation, as well as a Histogram. The Mean Gini Index is 0.46571. The Median is 0.4664. The Standard Deviation is 0.02028. A Histogram (with class width 0.01) is shown below (showing Gini Index in the horizontal axis, and frequency on the vertical axis). 6.1.- Estimate the probability that a US state reports Gini Index below 0.466. 6.2.- Would you say the probability distribution underlying this Histogram is normal? 6.3.- What is the probability that a US state has a Gini index greater than 0.520? Histogram(giniindex, (0.01)] 101 8 0.44 0.46 0.48 0.50 0.52 Gini Index
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