Question

Math

Posted 4 months ago

```
Here is a table classifying 116 thousand US households (in thousands) in 2013 by tenure and insurance status:
\begin{tabular}{llll}
Insurance status & Owns home & Rents home \\
\cline { 1 - 3 } Insured & 71 & 13 \\
Uninsured & 5 & 27
\end{tabular}
Find the marginal distribution of tenure in percentages.
Round to the nearest whole percent.
Owns home: $\square$ $\%$
Rents home: $\square$ $\%$
```

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Answer from Sia

Posted 4 months ago

Solution by Steps

step 1

Calculate the percentage of households that own their home

step 2

Using the asksia-ll calculation: $(71+5)/116 \times 100$

step 3

The calculation yields 65.5172413793103448275862068965^_ (period 28), which rounds to $66\%$

step 4

Calculate the percentage of households that rent their home

step 5

Using the asksia-ll calculation: $(13+27)/116 \times 100$

step 6

The calculation yields 34.4827586206896551724137931034^_ (period 28), which rounds to $34\%$

[question 1] Answer

Owns home: 66%

Rents home: 34%

Key Concept

Marginal Distribution in Percentages

Explanation

The marginal distribution of tenure in percentages is found by summing the counts of households for each tenure category, dividing by the total number of households, and multiplying by 100 to convert to a percentage.

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