Average income
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
This data is Average income by County for 2014 and 2018. When reviewing this data statistically does anything stand out? If there are changes what could you attribute them to? Is there anything questionable about the data? If so, what?

Transcribed Image Text:2014
2018
Mean
47461.46739
Mean
52609.78261
Standard Error
851.0303759
Standard Error
888.8248975
Median
45827.5
Median
51350
Mode
Standard Deviation
Sample Variance
#N/A
Mode
51500
8162.796608
Standard Deviation
8525.308925
66631248.47
Sample Variance
72680892.26
Kurtosis
6.933733193
Kurtosis
5.757090829
Skewness
Range
2.141421981
Skewness
1.953668628
53209
Range
52200
Minimum
35220
Minimum
40200
|Мaximum
88429
Maximum
92400
Sum
4366455
Sum
4840100
Count
92
Count
92
Confidence Level(95.0%
Confidence Level(95.0%)
1765.541471
1690.467296
Margin of Error
Corelation coefficient
851.0303759
Margin of Error
888.8248975
0.949982269
Corelation coefficient
0.949982269
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