gender female income low high Total 5 39 44 11.36 88.64 100.00 45.45 49.37 48.89 5.56 43.33 48.89 male 6 40 46 13.04 86.96 100.00 54.55 50.63 51.11 6.67 44.44 51.11 Total 11 79 90 12.22 87.78 100.00 100.00 100.00 100.00 12.22 87.78 100.00 . Solve for the marginal relative frequency of high income in percent. 2. Solve for the joint relative frequency of low income and female in percent. 3. Are income and gender independent?
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- What is Lerner index? How is it calculated? What does it calculated outcome tell us?Education: Does College Pay Off? It is costly in both time and money to go to college.Does it pay off? According to the Bureau of the Census, the answer is yes. The averageannual income (in thousands of dollars) of a household headed by a person with thestated education level is as follows: 24.3 if ninth grade is the highest level achieved.41.4 forhigh school graduates. 59.7 for those holding associate degrees, 82.7 for thosewith bachelor's degrees, 100.8 for those with master’s degrees, and 121.6 for thosewith doctoral degrees. Make a bar graph showing household income for eacheducation levelAverage Earnings by Innnigrant Cohort 2010 2010 2015 2015 Cohort Label YSM Earnings (S) YSM Earnings ($) Native-born Native N/A 73,915 N/A 80,245 1955-1959 1M5559 52.5 97,361 57.5 97,212 1960-1964 1M6064 47.5 91,822 52.5 93,156 1965-1969 1M6569 42.5 88,610 47.5 106,552 1970-1974 1M7074 37.5 88,392 42.5 93,163 1975-1979 1M7579 32.5 85,919 37.5 97,756 1980-1984 1M8084 27.5 79,911 32.5 81,500 1985-1989 1M8589 22.5 70,143 27.5 78,100 1990-1994 1M9094 17.5 64,342 22.5 69,033 1995-1999 1M9599 12.5 68,821 17.5 73,976 2000-2004 IM0004 7.5 66,971 12.5 74,907 2005-2009 IM0509 2.5 58,623 7.5 67,780 2010-2014 IM1014 2.5 60,596 NOTE: "YSM" refers to the average years since migration. This is a table of average earnings for various immigration cohorts as well as native-born Canadians for 2010 and 2015. These values are expressed in 2015 real dollars. A) Calculate the cross-sectional entry effect for the IM0509 cohort. Interpret what the number…
- What is calculation of Herfindahl-Hirschman IndexH3. Empirical evidence has highlighted noticeable income convergence across difference regions in the US. It has been discussed in many classical studies, including Barro and Salai-Martin (1991). However, researchers also noticed some different pattern in reality. For example, there are two cities in central Arkansas. They are 40 miles apart from each other next to an inter-state highway. The two cities were similar in several aspects, for example infrastructure, demographics and industries until the 1980s. For example, both cities had about 5,000 total population and roughly $10,000 of average household income in the mid-1970s. After 40 years, one city still has about 5,000 people and with $28,000 average household income. The other city, however, has grown into a decent metro-area with about 30,000 residents and $50,000 average household income. 1) From the story above, can you find any evidence to support or invalidate the Solow growth model, which is the core of modern economic…quintile cumulativeshare of households a cumulative share of income b cumulative share of income poorest 10.5 2.5 2nd 13.2 6.8 middle 21.6 13.9 4th 26.4 24.2 richest 28.3 52.6
- Please give a detailed answer to the question below.Options For Fill In Blank Answers:.05, .2, .25, and 5elastic or inelasticQn 1. According to the News Wire “Inequality,” what is the average per capita income innations where the highest-income decile gets (a) over 45 percent of totalincome? (b) less than 30 percent of total income?Calculate the individual’s compensated variation.