What has happened to the real median household income

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Reference no: EM133333171

Questions:

  1. How did the median income of all households change between 2016-2017?
  2. What was the median income in 2017 for individuals 25-34 years old?
  3. What does it mean that these data are reported as medians rather than means or modes?
  4. Review figure 1 in the report and answer the following questions:
  5. What kind of figure is this?
  6. What has happened to the real median household income for "all races" since 1967?
  7. How does real median household income differ between Blacks and Hispanics (of any race)?
  8. Review figure 5 in the report, and answer the following questions
  9. What kind of figure is this?
  10. Compared to people under 18, how does the poverty rate differ by sex?
  11. What does it mean that the bar represents the "median" income?

Reference no: EM133333171

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