A recent article in the washington post weekly edition

Assignment Help Other Subject

Reference no: EM13473311

A recent article in The washington Post Weekly Edition indicated that about 80% of the estimated $200 billion of federal housing subsides consists of tax breaks (mainly deductions for mortgage interest payment and preferential treatment for profits on home sales). Federal housing benefits average $8,268 for those with incomes between $50,000 and $200,000 and $365 for those with income of $40,000 to $50,000. Suppose the standard deviations of housing benefits in these two categories were equal to $2,750 and $120, respectively.

a. Examine the two standard deviations. What do these indicate about the range of benefits enjoyed by the two groups?

b. Repeat part a using coefficient of variation as the measure of relative variation.

Reference no: EM13473311

Questions Cloud

Solving systems of equations by : solving systems of equations by

Report on feudalims in the history of france england or : report on feudalims in the history of france england or germany include approximate years when feudalism began and

Determine the perimeter of the triangle with the vertices : find the perimeter of the triangle with the vertices at5-2 -15 and

Use the binomial distribution to find the probability that : there is a 0.9986 probability a randomly selected 30-year old male live through the year. an insurance company called

A recent article in the washington post weekly edition : a recent article in the washington post weekly edition indicated that about 80 of the estimated 200 billion of federal

Write down a two-page paper in which you describe your : write a two-page paper in which you explain your perspectives on customer service today. specifically be sure toexplain

From a total of 10200 loans made by a state employees : for each of the following problems a identify the population parameter of interest b define the random variable and c

A paragraph of 75-100 words explaing the issue and how it : 1. a paragraph of 75-100 words describing the issue and how it relates to your major field of study. if the topic is

If balloon is rising vertically at a rate of 10 ftsec find : a hot-air balloon is 150 feet above the ground when a motorcycle passes directly beneath it traveling in a straight

User Account

All Pages