search

# A group of 10 people have the following annual incomes \$55,000, \$30

Content type
User Generated
Rating
Showing Page:
1/1
A group of 10 people have the following annual incomes:
\$55,000, \$30,000, \$15,000, \$20,000, \$35,000, \$80,000,
\$40,000, \$45,000, \$30,000, \$50,000. Calculate the share
of total income received by each quintile of this income
distribution. Do the top and bottom quintiles in this
distribution have a greater or larger share of total income
than the top and bottom quintiles of the U.S. income
distribution for 2005?
Solution

Unformatted Attachment Preview
A group of 10 people have the following annual incomes: \$55,000, \$30,000, \$15,000, \$20,000, \$35,000, \$80,000, \$40,000, \$45,000, \$30,000, \$50,000. Calculate the share of total income received by each quintile of this income distribution. Do the top and bottom quintiles in this distribution have a gre ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

### Review

Anonymous
Just what I needed…Fantastic!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4