STAT 200 ELEMENTARY STATISTICS-Week 2 Homework Problems|SOLVED|

STAT 200 ELEMENTARY STATISTICS-Week 2 Homework Problems|SOLVED| The median incomes of females in each state of the United States, including the District of Columbia and Puerto Rico, are given in table #2.2.10 ("Median income of," 2013). Create a frequency distribution, relative frequency distribution, and cumulative frequency distribution using 7 classes. Step 1: 60,332 - 22,117= 38,215 Step 2: 7 Classes Step 3: 38,215 / 7 = 5,460 Step 4: Class 1 plus 5,460 Class 1 Class 2 Class 3 Class 4 Class 5 Class 6 Class 7 27,576 33,036 38,496 43,956 49,416 54,876 60,337 Step 5: 22,116.5 27,577.5 33,037.5 38,497.5 43,957.5 49,417.5 54,877.5 27,577.5 33,037.5 38,497.5 43,957.5 49,417.5 54,877.5 60,337.5 Step 6: Class Midpoints (rounded number up)Table #2.3.7 contains the value of the house and the amount of rental income in a year that the house brings in ("Capital and rental," 2013). Create a scatter plot and state if there is a relationship between the value of the house and the annual rental incomeThe economic crisis of 2008 affected many countries, though some more than others. Some people in Australia have claimed that Australia wasn’t hurt that badly from the crisis. The bank assets (in billions of Australia dollars (AUD)) of the Reserve Bank of Australia (RBA) for the time period of March 2007 through March 2013 are contained in table #2.3.11 ("B1 assets of," 2013). Create a time-series plot and interpret any findings.STAT 200 ELEMENTARY STATISTICS-Week 2 Homework Problems