Suppose the average family income in an area is 10000 find


Question: Suppose the average family income in an area is $10,000.

a) Find an upper bound for the percentage of families with incomes over $50,000.

b) Find a better upper bound if it is known that the standard deviation of incomes is $8000.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Suppose the average family income in an area is 10000 find
Reference No:- TGS02605711

Expected delivery within 24 Hours