Consider the following frequency distribution of the variable “household yearly income” from a sample of 31 individuals:
Posted: Mon Apr 11, 2022 6:20 am
Consider the following frequency distribution of the variable
“household yearly income” from a sample of 31 individuals:
Income (in thousand $ )
Frequency
[10-30]
4
(30-X]
7
(X-80]
9
(80-100]
8
(100-150]
3
Before answering the questions, choose a number for X (any
number between 31 and 79 is valid).
1) Calculate the sample mean (show your
calculations)
2) Determine the modal and the median value (Justify
your answer).
“household yearly income” from a sample of 31 individuals:
Income (in thousand $ )
Frequency
[10-30]
4
(30-X]
7
(X-80]
9
(80-100]
8
(100-150]
3
Before answering the questions, choose a number for X (any
number between 31 and 79 is valid).
1) Calculate the sample mean (show your
calculations)
2) Determine the modal and the median value (Justify
your answer).