A city has only 10 households, and they have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000,
Posted: Sun May 29, 2022 7:45 pm
A city has only 10 households, and they have the following
annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000,
$38,000, $70,000, $16,000, $20,000, $24,000. Based on this
information, answer the following:
(In 2011, the bottom quintile of the income distribution
received 3.2% of income and the top quintile, 51.14%)
NOTE: This is a file upload question. Work your answer in an
excel sheet and upload your file, or simply work the answer in a
piece of paper, take a picture and upload your file.
annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000,
$38,000, $70,000, $16,000, $20,000, $24,000. Based on this
information, answer the following:
(In 2011, the bottom quintile of the income distribution
received 3.2% of income and the top quintile, 51.14%)
NOTE: This is a file upload question. Work your answer in an
excel sheet and upload your file, or simply work the answer in a
piece of paper, take a picture and upload your file.