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application 1.9 which states are rich? the cumulative relative frequenc…

Question

application 1.9 which states are rich? the cumulative relative frequency graph and the numerical summaries below describe the distribution of household incomes in the 50 states in a recent year. use the information provided to help you answer the following questions. 1. at what percentile is north dakota, with a household income of $55,766? 2. estimate and interpret the first quartile q1 of the distribution. 3. find and interpret the standardized score (z - score) for new jersey, with a household income of $66,692.

Explanation:

Step1: Locate value on graph

Find 55766 on x - axis of cumulative relative - frequency graph to estimate percentile.

Step2: Estimate Q1

Q1 is 25th percentile. Estimate from graph where cumulative relative frequency is 25%.

Step3: Calculate z - score

Use formula $z=\frac{x - \mu}{\sigma}$, where $x = 66692$, $\mu=51742.44$, $\sigma = 8210.642$.

Answer:

  1. Estimated percentile from graph.
  2. Estimated value from graph and interpretation as 25th percentile.
  3. $z=\frac{66692 - 51742.44}{8210.642}\approx1.82$; interpretation: New Jersey's income is about 1.82 standard deviations above the mean.