Household Income(Example 2) DISTRIBUTION OF HOUSEHOLD INCOME HOUSEHOLD INCOME (E00o
– Household Income (Example 2) DISTRIBUTION OF HOUSEHOLD INCOME
t What does the distribution show? The area under the curve from one income value to another measures the relative proportion of the population having household incomes in that range Lower than f10,000 is relatively rare Large proportion of the population have Household incomes between i20.000 ￡50.000
What does the distribution show? – The area under the curve from one income value to another measures the relative proportion of the population having household incomes in that range. – Lower than £10,000 is relatively rare – Large proportion of the population have Household incomes between £20,000 & £50,000