Question

I'm slightly stumped on how to address this problem based on the data provided. Below is...

I'm slightly stumped on how to address this problem based on the data provided. Below is the problem, and the data set provided. I'm not sure if it's an accumulation of them all or just one, total family income.

  1. Develop ‘Descriptive Statistics’ of the variable ‘INCOME’
  2. Develop ‘Box & Whisker’ Plot indicating 5-number summary on the Plot

INCOMECAT: Respondent’s income categories and TFINCOMECAT Total family income categories

1. Under $1,000

2. $1,000-$2,999

3. $3,000-$3,999

4. $4,000-$4,999

5. $5,000-$5,999

6. $6,000-$6,999

7. $7,000-$7,999

8. $8,000-$9,999

9. $10,000-$12,499

10. $12,500-$14,999

11. $15,000-$17,499

12. $17,500-$19,999

13. $20,000-$22,499

14. $22,500-$24,999

15. $25000-$29,999

16. $30,000-$34,999

17. $35,000-$39,999

18. $40,000-$49,999

19. $50,000-$59,999

20. $60,000-$74,499

21. $75,000-$89,999

22. $90,000-$109,999

23. $110,000-$129,999

24. $130,000-$149,999

25. $150,000 and over

26. Refused

Missing data: 0, 26, 98, 99.

INCOME and TFINCOME: midpoints of categories

INCOMECAT INCOME TFINCOMECAT TFINCOME
25 175000
25 175000
23 120000 23 120000
24 140000
19 55000
15 27500
16 32500
5 5500
1 500
16 32500 16 32500
1 500
6 6500 19 55000
8 9000
14 23750
11 16250
19 55000 19 55000
19 55000 19 55000
18 45000 18 45000
20 67500 20 67500
14 23750

The information above includes the problem and a part of the data from the spreadsheet.

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