Which American Subculture Spends the Highest Proportion of Its Income

question 67

Multiple Choice

Which American subculture spends the highest proportion of its income on utilities,footwear,children's apparel,groceries,and housing?

• A)Native Americans
• B)Hispanics
• C)African Americans
• D)Asian Americans
• E)Americans over 65 years of age

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Definitions:

Continuous Probability Distribution

A function that describes the probability of a continuous random variable falling within a certain range of values.

Variance

A measure of variability that denotes the average of the squared differences from the mean, used in statistics to indicate how data points in a set are spread out.

Normal Distribution

A symmetrical bell-shaped distribution of data in which most of the values cluster around the mean.

Uniform Probability Distribution

A distribution in which all outcomes are equally likely to occur within a certain range.