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GalinKa [24]
3 years ago
12

Can someone help with a couple econ questions? What percentage of total income does the highest fifth of the population receive?

table included
what percentage of total income does the lowest quin
tile of the population have? and lastly what does both the straight and curved line represent in the graph?

Mathematics
1 answer:
diamong [38]3 years ago
5 0
The highest fifth quin tile receives 50.1% of the total income
The lowest quin tile receives 3.5% of the total income
The straight line on the graph represents the percentages of income each quin tile would receive if the total income was distributed evenly, while the curved line shows the actual distribution of the total income to each quin tile.
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Using the mean concept, it is found that:

Relative to Sabrina's goal, her average swim time over the last five weeks is 0.1 hours.

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The mean of a data-set is given by the <u>sum of all observations divided by the number of observations</u>.

In this problem:

  • The data-set is her swim time relative to her goal, which is: {1.25, -1, 2.25, 0, -2.}
  • 5 observations.

Thus, the mean is:

M = \frac{1.25 - 1 + 2.25 + 0 - 2}{5} = 0.1

Relative to Sabrina's goal, her average swim time over the last five weeks is 0.1 hours.

A similar problem is given at brainly.com/question/24787716

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2 years ago
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The first one is c , no proportional , slope is 35 and y intercept 19.
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