In Table 5, We Illustrate the Distribution of Attributes in a Hypothetical

question 7

True/False

In Table 5, we illustrate the distribution of attributes in a hypothetical community in the New York City Borough of Queens that is divided along language and race lines. Use this table to answer the following three questions.
$$\begin{array}{l}\text { Table 5: Distribution of Attributes in a Hypothetical Queens Neighborhood }\\\\\begin{array} { |l | l l l |} \hline & \text { White (\%) } & \text { South Asian (\%) } & \text { Latino (\%) } \\\hline \text { English speaking } & 18 & 14 & 14 \\\text { Spanish speaking } & 7 & 2 & 13 \\\text { Hindi speaking } & 0 & 7 & 0 \\\text { Polish speaking } & 25 & 0 & 0 \\\hline\end{array}\end{array}$$
-If you know that someone is a Latino, can you predict with much certainty what language he or she speaks?

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Definitions:

APS

Stands for Average Propensity to Save, which measures the proportion of income that households save rather than spend on goods and services.

Autonomous Consumption

The level of consumption that occurs when income is zero, representing the consuming behavior independent of current income.

Aggregate Household

The combined and total measure of all consumers in an economy, accounting for all spending and consumption.

Disposable Income

The amount of money that individuals or households have available to spend or save after income taxes have been deducted.