Here are ten different family incomes: $43k, $62k, $39k, $141k, $58k, $82k, $41k, $73k, $68k, $73k
1 Draw the distribution of these incomes by placing a dot on the number line below. If two families have the same income, put one dot on top of the other. Finally, draw a box plot on the number line, making sure to label the axis and show each quartile.
2 Describe the shape of this box-plot.
3 What is the mean income of the families in this dataset?
4 How many families earn $39k? $43k? Fill in the table below. The first column has been done for you.
income |
$39k |
$41k |
$43k |
$58k |
$62k |
$68k |
$73k |
$82k |
$141k |
count |
1 |
5 Draw a star to locate the mean on the number line above.
6 For each family on the number line you drew,
-
Draw a horizontal arrow under the axis from the star you drew in #5 to the dot for that family’s income
-
Label the arrow with its distance from the mean.
e.g. if the mean is $50k and a family’s income is $82k, your arrow would stretch from $50k to $82k, and be labeled with the distance "$32k"
To compute the standard deviation we square each distance and take the average, then take the square root of the average.
7 For each of the 10 incomes in the table below, list the distance-from-mean for each income, using the mean you computed above. Then fill in the squared distance in the next row to complete the table.
income (in 10s of thousands) |
39 |
41 |
43 |
58 |
62 |
68 |
73 |
73 |
82 |
141 |
distance from mean |
||||||||||
squared distance |
8 Add all the squared distances. What is their sum?
9 There are N=10 distances. What is N-1? Divide the sum by N-1. What do you get?
10 Take the square root to find the standard deviation!
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