EBK STATISTICS FOR BUSINESS & ECONOMICS
12th Edition
ISBN: 8220100460463
Author: Anderson
Publisher: CENGAGE L
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Textbook Question
Chapter 2.3, Problem 30E
Refer again to the crosstabulation of household income by educational level shown in exercise 29.
- a. Compute column percentages and identify the percent frequency distributions displayed. What percentage of the heads of households did not graduate from high school?
- b. What percentage of the households earning $100,000 or more were headed by a person having schooling beyond a bachelor’s degree? What percentage of the households headed by a person with schooling beyond a bachelor’s degree earned over $100,000? Why are these two percentages different?
- c. Compare the percent frequency distributions for those households earning “Under 25,” “100 or more,” and for “Total.” Comment on the relationship between household income and educational level of the head of household.
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Chapter 2 Solutions
EBK STATISTICS FOR BUSINESS & ECONOMICS
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