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Retiree V 1 2 3 4 5 6 7 8 9 10 11 Retirement Income thousands of dollars 84.5 71.1 104.7 81.3 63.2 73.5 50.8 71.8 71.7 7

Posted: Tue Jul 05, 2022 9:56 am
by answerhappygod
Retiree V 1 2 3 4 5 6 7 8 9 10 11 Retirement Income Thousands Of Dollars 84 5 71 1 104 7 81 3 63 2 73 5 50 8 71 8 71 7 7 1
Retiree V 1 2 3 4 5 6 7 8 9 10 11 Retirement Income Thousands Of Dollars 84 5 71 1 104 7 81 3 63 2 73 5 50 8 71 8 71 7 7 1 (20.14 KiB) Viewed 11 times
Retiree V 1 2 3 4 5 6 7 8 9 10 11 Retirement Income thousands of dollars 84.5 71.1 104.7 81.3 63.2 73.5 50.8 71.8 71.7 73.5 60.3 Retirement Age years 61.4 59.8 60.5 63.0 66.1 68.9 69.1 65.9 47.9 49.3 59.1

Retiree 12 13 14 15 16 17 18 19 20 21 22 Retirement Income thousands of dollars 72.2 103.5 63.1 90.9 73.3 83.4 92.6 64.9 62.5 83.6 71 6 Retirement Age years V 56.7 63.4 62.6 63.1 62.6 60.2 56.0 61.9 66.6 67.0 16 1

Retiree V ZENENGA 22 23 24 25 26 27 28 29 30 31 32 Retirement Income thousands of dollars V 71.6 74.7 82.3 52.1 82.0 61.8 72.0 91.5 60.3 60.9 72.6 Retirement Age years 46.1 62.0 69.6 69.6 50.6 61.8 68.2 57.4 60.4 66.0 61.3

Retiree V 32 33 34 35 36 37 38 39 40 41 42 Retirement Income thousands of dollars 72.6 52.7 70.9 73.4 63.1 84.1 53.5 62.3 61.2 73.1 71.6 Retirement Age years 61.3 67.7 74.9 57.0 68.8 63.2 62.2 62.0 52.1 63.1 63.2

Retiree V 3 4 45 6 7 48 43 44 46 47 49 50 51 52 53 Retirement Income thousands of dollars 91.0 72.4 80.6 81.6 63.5 94.7 61.1 51.0 62.4 61.9 62 7 Retirement Age years V 64.3 63.5 66.4 60.4 60.0 63.2 60.1 71.3 66.9 66.5 57 7

Retiree V 52 53 54 55 56 57 58 59 60 61 Retirement Income thousands of dollars 61.9 62.7 82.1 61.3 100.3 73.7 62.5 73.5 64.5 64.2 4.03 5 Retirement Age years 66.5 57.7 66.5 60.8 69.1 63.2 45.8 51.0 62.6 69.8

Retiree V 龍 3 4 65 6 7 8 69 70 TF 62 63 64 66 67 68 71 72 Retirement Income thousands of dollars 103.5 53.5 71.3 53.5 63.2 73.1 84.3 73.1 82.5 72.0 620 Retirement Age years 61.9 69.3 64.3 69.0 64.9 65.0 46.7 69.9 57.1 64.5 205

Retiree 2 3 74 75 76 刀 78 79 80 81 2 72 73 77 82 Retirement Income thousands of dollars V 63.0 73.9 60.2 91.0 81.5 54.9 104.8 70.6 80.8 70.2 93.2 Retirement Age years V 68.5 55.0 62.7 65.6 59.5 60.4 64.0 63.1 62.3 55.3 66.4

Retiree V 83 84 85 86 87 88 89 90 91 92 02 Retirement Income thousands of dollars 94.4 63.3 63.0 61.1 61.5 83.5 61.2 80.2 101.1 82.0 90 2 Retirement Age years V 71.3 63.7 47.1 66.9 57.3 65.0 65.0 61.6 64.6 60.6

Retiree V 90 91 92 93 94 95 96 97 98 99 100 Retirement Income thousands of dollars 80.2 101.1 82.0 80.3 73.8 73.9 72.4 72.4 82.8 71.5 80.8 Retirement Age years V 61.6 64.6 60.6 66.6 64.6 69.8 68.6 59.7 59.5 55.9 51.1

The Bureau of Labor Statistics (BLS) is the main fact-finding agency of the US government in the fields of labor economics and statistics. Data from the Current Population Survey (CPS), conducted by the BLS and the Census Bureau, have been used to indicate a downward trend in retirement age. [Source: Gendell, M. (October 2001). Retirement age declines again in the 1990s. Monthly Labor Review, 124(10), 12-21.] The following DataView tool displays a hypothetical data set consisting of annual income (as measured in thousands of dollars) and age of retirement for 100 retirees. Use the tool to view the histogram of the Incomes of the retirees, and answer the questions that follow. (Hint: Click either one of the Variable sliding panels in the bottom left-hand corner of the tool screen. Click the downward-pointing arrow next to Select Variable, and select the variable Income. Click the Histogram button in the middle of the left-hand side of the screen to view a histogram of its distribution.) Data Set Sample Variables - 2 Observations - 100 Variable Variable Variables Observations Correlation Correlation The mean is Retirement The mean is Type Income Quantitative Retirement Age Quantitative Variable and the median is Income and Retirement Age for 100 retirees Form Numeric Numeric and the median is Use the tool to obtain the mean and median of the retirees' Incomes. (Hint: On the Variable sliding panel for the variable Income, click the Statistics button to view computed statistics for the variable.) The mean is Observations of the distribution of the incomes extends farther than the other tall. Therefore, this distribution is Values When the distribution is symmetrical, the mean is 100 100 Missing 0 Use the tool to view the histogram of the retirement ages of the retirees. (Hint: Click a Variable sliding panel in the bottom left-hand corner of the tool screen. Click the downward-pointing arrow next to Select Variable, and select the variable Retirement Age. Again, click the Histogram button.) The mean is of the distribution of the retirement ages extends farther than the other tail. Therefore, this distribution is Use the tool to obtain the mean and median of the retirement ages. (Hint: Select the variable sliding panel for the variable Retirement Age, and click the Statistics button.) than the median. than the median. the median. When the distribution is positively skewed, the mean is usually ✓the median. When the distribution is negatively skewed, the mean is usually the median. The presence of extremely large or small values in the data affects the mean than the median. Therefore the measure of central tendency when the distribution is skewed. is the preferred