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Statistics for Management and Economics + XLSTAT Bind-in 11th Edition

Statistics for Management and Economics + XLSTAT Bind-in (11th Edition)

Book Edition11th Edition
Author(s)Keller
ISBN9781337093453
PublisherCengage
SubjectBusiness
Section 12-1: Inference About a Population When the Standard Deviation Is Known
Introduction Exercises
Exercises
General Social Survey Exercises
Survey of Consumer Finances Exercises
Section 12-2: Inference about a Population Variance
Exercises
Section 12-3: Inference about a Population Proportion
Exercises
Survey of Consumer Finances Exercises
Section 12-4: (Optional) Applications in Marketing: Market Segmentation
Exercises
End of Chapter
Chapter Exercises
General Social Survey Exercises
Survey of Consumer Finances Exercises
Case Problems
Chapter 12, End of Chapter, Survey of Consumer Finances Exercises, Exercise 12.186
Page 422

Exercises 12.184-12.190 deal with the wealthy category defined in terms of the respondents' net worth, which lies between $9, 498, 400 and $32,790,000.
 

How does one get to be in this class whose minimum household net worth is about $9.5 million. Could this be achieved through high income alone? Examine this issue by estimating the mean annual income of wealthy households (INCOME).

Page 422

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