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Use the following to answer question(s) : Income Distribution in the United States
-After adjusting for noncash aid, the poverty rate in the United States is:
Mean
The mean is the average of a data set, calculated by adding all the numbers together and then dividing by the count of those numbers.
Confidence Limits
Lower and upper boundaries of a confidence interval.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.
Standard Error
Standard error measures the dispersion of sample means around the population mean, providing an insight into the precision of a sample mean as an estimate of the population mean.
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