Pelham, AL Juneau, AK Paradise Valley, AZ Fayetteville, AR Monterey Park, CA Lone Tree, CO Manchester, CT Hockessin, DE St. Augustine, FL Vinings, GA Kapaa, HI Meridian, ID Schaumburg, IL Fishers, IN Council Bluffs, IA Lenexa, KS Georgetown, KY Bossier City, LA South Portland, ME Rockville, MD Waltham, MA Farmington Hills, MI 66,772 84,101 138,192 40,835 57,419 116,761 64,828 115,124 47,748 73,103 62,546 62,899 73,824 87,043 46,844 76,505 58,709 47,051 56,472 100,158 75,106 71,154 Bozeman, MT Papillion, NE Sparks, NV Nashua, NH North Arlington, NJ Rio Rancho, NM Valley Stream, NY Concord, NC Dickinson, ND Wooster, OH Mustang, OK Beaverton, OR Lower Merion, PA Warwick, RI Mauldin, SC Rapid City, SD Franklin, TN Allen, TX Orem, UT Colchester, VT Reston, VA Mercer Island, WA 49,303 79,131 54,230 66,872 73,885 58,982 88,693 54,579 71,866 43,054 66,714 58,785 117,438 63,414 57,480 47,788 82,334 104,524 54,515 69,181 112,722 128,484

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Question
Each year Money magazine publishes a list of "Best Places to Live in the United States." These listings are based on affordability, educational performance,
convenience, safety, and livability. The below table shows the median household income of Money magazine's top city in each U.S. state for 2017 (Money
magazine website).
Click on the datafile logo to reference the data.
DATA file
City
Pelham, AL
Juneau, AK
Paradise Valley, AZ
Fayetteville, AR
Monterey Park, CA
Lone Tree, CO
Manchester, CT
Hockessin, DE
St. Augustine, FL
Vinings, GA
Kapaa, HI
Meridian, ID
Schaumburg, IL
Fishers, IN
Council Bluffs, IA
Lenexa, KS
Georgetown, KY
Bossier City, LA
South Portland, ME
Rockville, MD
Waltham, MA
Farmington Hills, MI
Median Household
Income ($)
66,772
84,101
138,192
40,835
57,419
116,761
64,828
115,124
47,748
73,103
62,546
62,899
73,824
87,043
46,844
76,505
58,709
47,051
56,472
100,158
75,106
71,154
City
Bozeman, MT
Papillion, NE
Sparks, NV
Nashua, NH
North Arlington, NJ
Rio Rancho, NM
Valley Stream, NY
Concord, NC
Dickinson, ND
Wooster, OH
Mustang, OK
Beaverton, OR
Lower Merion, PA
Warwick, RI
Mauldin, SC
Rapid City, SD
Franklin, TN
Allen, TX
Orem, UT
Colchester, VT
Reston, VA
Mercer Island, WA
Median Household
Income ($)
49,303
79,131
54,230
66,872
73,885
58,982
88,693
54,579
71,866
43,054
66,714
58,785
117,438
63,414
57,480
47,788
82,334
104,524
54,515
69,181
112,722
128,484
Transcribed Image Text:Each year Money magazine publishes a list of "Best Places to Live in the United States." These listings are based on affordability, educational performance, convenience, safety, and livability. The below table shows the median household income of Money magazine's top city in each U.S. state for 2017 (Money magazine website). Click on the datafile logo to reference the data. DATA file City Pelham, AL Juneau, AK Paradise Valley, AZ Fayetteville, AR Monterey Park, CA Lone Tree, CO Manchester, CT Hockessin, DE St. Augustine, FL Vinings, GA Kapaa, HI Meridian, ID Schaumburg, IL Fishers, IN Council Bluffs, IA Lenexa, KS Georgetown, KY Bossier City, LA South Portland, ME Rockville, MD Waltham, MA Farmington Hills, MI Median Household Income ($) 66,772 84,101 138,192 40,835 57,419 116,761 64,828 115,124 47,748 73,103 62,546 62,899 73,824 87,043 46,844 76,505 58,709 47,051 56,472 100,158 75,106 71,154 City Bozeman, MT Papillion, NE Sparks, NV Nashua, NH North Arlington, NJ Rio Rancho, NM Valley Stream, NY Concord, NC Dickinson, ND Wooster, OH Mustang, OK Beaverton, OR Lower Merion, PA Warwick, RI Mauldin, SC Rapid City, SD Franklin, TN Allen, TX Orem, UT Colchester, VT Reston, VA Mercer Island, WA Median Household Income ($) 49,303 79,131 54,230 66,872 73,885 58,982 88,693 54,579 71,866 43,054 66,714 58,785 117,438 63,414 57,480 47,788 82,334 104,524 54,515 69,181 112,722 128,484
58,709
47,051
56,472
100,158
75,106
71,154
99,657
Olive Branch, MS
62,958
St. Peters, MO
57,728
a. Compute the mean and median for these household income data.
Mean
Median
Georgetown, KY
Bossier City, LA
South Portland, ME
Rockville, MD
Waltham, MA
Farmington Hills, MI
Woodbury, MN
(to 2 decimals)
$
2 decimals)
b. Compare the mean and median values for these data. What does this indicate about the distribution of household income data?
The mean household income is - Select your answer - than the median household income. This indicates that the distribution of household income is
- Select your answer - ◆ skewed.
c. Compute the range and standard deviation for these household income data.
(to the nearest whole number)
Standard deviation $
(to 2 decimals)
d. Compute the first and third quartiles for these household income data.
Range
$
(to
Franklin, TN
Allen, TX
Orem, UT
Colchester, VT
Reston, VA
Mercer Island, WA
Morgantown, WV
New Berlin, WI
Cheyenne, WY
First Quartile
Third Quartile
e. How many values would be considered outliers are in these data? If an amount is zero, enter "0".
value(s) would be considered outlier(s).
(to 2 decimals)
(to 2 decimals)
What does this suggest about the data?
Select your answer -
82,334
104,524
54,515
69,181
112,722
128,484
38,060
74,983
56,593
Transcribed Image Text:58,709 47,051 56,472 100,158 75,106 71,154 99,657 Olive Branch, MS 62,958 St. Peters, MO 57,728 a. Compute the mean and median for these household income data. Mean Median Georgetown, KY Bossier City, LA South Portland, ME Rockville, MD Waltham, MA Farmington Hills, MI Woodbury, MN (to 2 decimals) $ 2 decimals) b. Compare the mean and median values for these data. What does this indicate about the distribution of household income data? The mean household income is - Select your answer - than the median household income. This indicates that the distribution of household income is - Select your answer - ◆ skewed. c. Compute the range and standard deviation for these household income data. (to the nearest whole number) Standard deviation $ (to 2 decimals) d. Compute the first and third quartiles for these household income data. Range $ (to Franklin, TN Allen, TX Orem, UT Colchester, VT Reston, VA Mercer Island, WA Morgantown, WV New Berlin, WI Cheyenne, WY First Quartile Third Quartile e. How many values would be considered outliers are in these data? If an amount is zero, enter "0". value(s) would be considered outlier(s). (to 2 decimals) (to 2 decimals) What does this suggest about the data? Select your answer - 82,334 104,524 54,515 69,181 112,722 128,484 38,060 74,983 56,593
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