Q:

The total income for African American households of a certain country making under $250,000 in 2008 is given in the following table. Use the table to estimate the mean income forAfrican Americans in 2008.The mean income for African American households in 2008 was __?(Round to the nearest dollar as needed.)

Accepted Solution

A:
Answer:The mean income for African American households in 2008 was $ 45,613 (Rounded to the nearest dollar)Step-by-step explanation:1. Given the information from the table, let's calculate the mean income for African Americans households of a certain country in 2008.For a successful work, first of all we need to take the data from two columns : Midpoint Salary and Frequency (in  thousands):Mean income = (10,000 * 4,491) + (30,000 * 3.844) + (50,000 * 2,500) + (70,000 * 1,498) + (90,000 * 875) + (125,000 * 994) + (175,000 * 323) + (225,000 * 72)/ Sum of all the frequency (in thousands) Mean income = (10,000 * 4,491) + (30,000 * 3.844) + (50,000 * 2,500) + (70,000 * 1,498) + (90,000 * 875) + (125,000 * 994) + (175,000 * 323) + (225,000 * 72)/ Sum of all the frequency (in thousands) Mean income = 665'815,000/ 14,597Mean income = $ 45,613 (Rounded to the nearest dollar)