The Income Distribution in the United States Shows That the Income

question 363

Multiple Choice

The income distribution in the United States shows that the income share of the top fifth of all families is

• A) over 50 percent.
• B) around 25 percent.
• C) more than 10 times the income of the bottom fifth.
• D) not much different from the income of the top 5 percent.

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Definitions:

T Statistic

A value used in statistical hypothesis testing to determine if there is a significant difference between two sample means.

Body Fat

The percentage of a person's body mass that is made up of fat tissue versus lean body mass.

ANOVA Table

A table used to summarize the sources of variability in an analysis of variance, which helps determine whether there are significant differences between group means.

NFL

The National Football League, a professional American football league consisting of 32 teams divided between the National Football Conference (NFC) and the American Football Conference (AFC).