Solved

The Following Table Shows the Distribution of Household Incomes for a Sample

Question 96

Multiple Choice

The following table shows the distribution of household incomes for a sample of 1,000 households in the U.S. with incomes up to $100,000.
 The following table shows the distribution of household incomes for a sample of 1,000 households in the U.S. with incomes up to $100,000.       Use this information to estimate, to the nearest $1,000, the average household income for such households.   A)   \$ 32,000  B)   \$ 40,000  C)     \$ 38,000  D)   \$ 31,000  E)   \$ 42,000
Use this information to estimate, to the nearest $1,000, the average household income for such households.


A) $32,000\$ 32,000
B) $40,000\$ 40,000
C) $38,000\$ 38,000
D) $31,000\$ 31,000
E) $42,000\$ 42,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents