Which poverty measurement gives a higher poverty rate

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Problem

Table 21P-1 shows a data set that contains the income of 20 households, each with a household size of four people.

a. What percent of these households are below the national poverty line of $18,250 for a household of four people?

b. What is the average income of the bottom 20 percent of the households?

c. Which poverty measurement (the national one, or the bottom quintile) gives a higher poverty rate?

706_Table 21P-1.jpg

Reference no: EM131923091

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