The Upper Class Represents Just 1 Percent of the U

question 63

True/False

The upper class represents just 1 percent of the U.S. population, but it has more wealth than the entire bottom 90 percent.

Identify the skewness of data distributions based on histogram analysis.

Apply knowledge of histograms in analyzing various types of data.

Distinguish between differently shaped histograms and understand their implications.

Understand the relationship between the number of observations and the number of class intervals in histogram construction.