The table below is a summary of a neighborhood survey. Which of the neighborhoods would you consider the lowest income neighborhood? Explain your answer? TABLE 1 CROWN HEIGHTS, EAST NEW YORK PROSPECT HEIGHTS/ FLATBUSH BED-STUY / BUSHWICK INCOME Count % Count % Count LESS THAN $15,000 45 19.7% 5 7.8% 11 8.3% $15,000 -$24,999 69 30.1% 25 39.1% 38 28.6% $25,000 - $34,999 64 27.9% 18 28.1% 40 30.1% $35,000 - $44,999 27 11.8% 9.4% 21 15.8% $45,000 OR MORE 24 10.5% 10 15.6% 23 17.3%

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 26PFA
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e_id%3D_2120042_1&group_id%3D&mode%3Dview
PROBLEM #2
The table below is a summary of a neighborhood survey. Which of the neighborhoods would you consider the
lowest income neighborhood? Explain your answer?
TABLE 1
CROWN
PROSPECT
HEIGHTS, EAST
NEW YORK
HEIGHTS/
FLATBUSH
BED-STUY /
BUSHWICK
INCOME
Count
%
Count
%
Count
LESS THAN
$15,000
45
19.7%
7.8%
11
8.3%
$15 000 $24,999
69
30.1%
25
39.1%
38
28.6%
$25,000 $34 999
64
27.9%
18
28.1%
40
30.1%
$35,000 $44,999
27
11.8%
9.4%
21
15.8%
$45.000 OR
MORE
24
10.5%
10
15.6%
23
17.3%
1. You must create a new table in MS-Excel to calculate the Midpoints of the Income ranges and calculate
the Estimated Weighted Average Income for each of the neighborhoods before you can make a valid
decision.
2. For each of the neighborhoods establish a 98% Confidence Interval to estimate the mean income
3. Do you observe any overlaps in the estimated mean incomes between any two neighborhoods?
Cance
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Transcribed Image Text:e_id%3D_2120042_1&group_id%3D&mode%3Dview PROBLEM #2 The table below is a summary of a neighborhood survey. Which of the neighborhoods would you consider the lowest income neighborhood? Explain your answer? TABLE 1 CROWN PROSPECT HEIGHTS, EAST NEW YORK HEIGHTS/ FLATBUSH BED-STUY / BUSHWICK INCOME Count % Count % Count LESS THAN $15,000 45 19.7% 7.8% 11 8.3% $15 000 $24,999 69 30.1% 25 39.1% 38 28.6% $25,000 $34 999 64 27.9% 18 28.1% 40 30.1% $35,000 $44,999 27 11.8% 9.4% 21 15.8% $45.000 OR MORE 24 10.5% 10 15.6% 23 17.3% 1. You must create a new table in MS-Excel to calculate the Midpoints of the Income ranges and calculate the Estimated Weighted Average Income for each of the neighborhoods before you can make a valid decision. 2. For each of the neighborhoods establish a 98% Confidence Interval to estimate the mean income 3. Do you observe any overlaps in the estimated mean incomes between any two neighborhoods? Cance Save Draft Submit 3:59 AM 2Type here to search 6. Rain off and on 5/9/2022 ip 112 ? prt sc delete esc 144 114 144 %23 3 00 %24
$15,000
7.8%
11
8.3%
$15,000 - $24,999
69
30.1%
25
39.1%
38
28.6%
$25,000 - $34,999
64
27.9%
18
28.1%
40
30.1%
$35,000 - $44,999
27
11.8%
9.4%
21
15.8%
$45,000 OR
MORE
24
10.5%
10
15.6%
23
17.3%
1. You must create a new table in MS-Excel to calculate the Midpoints of the Income ranges and calculate
the Estimated Weighted Average Income for each of the neighborhoods before you can make a valid
decision.
2. For each of the neighborhoods, establish a 98% Confidence Interval to estimate the mean income.
3. Do you observe any overlaps in the estimated mean incomes between any two neighborhoods?
4. What do you think is the interpretation of the overlaps of the Confidence Intervals?
NEBHUD PRICES CONFID .cOC
HOUSES AROCH BORPARKX5X
ASSIGNMENT SUBMISSION
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Save Draft
Submit
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5/9/2022
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op
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23
2
3.
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CO
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%23
业不
Transcribed Image Text:$15,000 7.8% 11 8.3% $15,000 - $24,999 69 30.1% 25 39.1% 38 28.6% $25,000 - $34,999 64 27.9% 18 28.1% 40 30.1% $35,000 - $44,999 27 11.8% 9.4% 21 15.8% $45,000 OR MORE 24 10.5% 10 15.6% 23 17.3% 1. You must create a new table in MS-Excel to calculate the Midpoints of the Income ranges and calculate the Estimated Weighted Average Income for each of the neighborhoods before you can make a valid decision. 2. For each of the neighborhoods, establish a 98% Confidence Interval to estimate the mean income. 3. Do you observe any overlaps in the estimated mean incomes between any two neighborhoods? 4. What do you think is the interpretation of the overlaps of the Confidence Intervals? NEBHUD PRICES CONFID .cOC HOUSES AROCH BORPARKX5X ASSIGNMENT SUBMISSION Cancel Save Draft Submit 3:59 AM Rain off and on 5/9/2022 Type here to search op prt sc f6 144 f4 esc 23 2 3. Q E tab CO %24 %23 业不
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