SHOW ALL MAJOR STEPS
1. With positive skewness, is the mean greater than or less than the median?
2. Examine the following table carefully:
Respondent | Gender | Marital Status(1) | Year Born | Education Level(2) | Income(3) |
---|---|---|---|---|---|
J.S. | M | 1 | 1970 | 2 | 4 |
P.F. | M | 2 | 1967 | 2 | 1 |
A.A. | F | 1 | 1972 | 2 | 2 |
A.K. | M | 2 | 1944 | 3 | 3 |
J.N. | F | 2 | 1950 | 1 | 3 |
D.L. | M | 1 | 1975 | 1 | 2 |
N.M. | F | 2 | 1962 | 3 | 3 |
E.S. | F | 2 | 1968 | 3 | 4 |
3. Consider the following set of values: 3, 3, 2, 5, 8, 2, 4, 1, 7, 5
4. Construct a Lorenz curve based on the following data to show the level of equality of land ownership in a country. Note that a properly drawn Lorenz curve should be relatively smooth. (Hint: Arrange the regions from land-poor to land-rich.)
Income Class | Makes up % of Country's Population | Owns % of Land in the Country |
---|---|---|
A | 20 | 10 |
B | 40 | 10 |
C | 2 | 15 |
D | 20 | 15 |
E | 8 | 30 |
F | 10 | 20 |
5. Using the graph ("region") shown below,
6. The two frequency distributions below, X and Y, are based on the same scale and have the same mean and standard deviation. Which one of the below statements is correct?
7. Consider the following table:
Household income per year | # of households (frequency) |
|
|
A. < 30,000 | 20 |
B. 30,000 - 49,999 | 15 |
C. 50,000 - 99,999 | 10 |
D. 100,000 + | 5 |