Use the tables to answer the question. Estimated Distribution of Household Income in California Income Band Estimated Percentage of the Population less than $10,000 0.053 $10,000 to $14,999 0.035 $15,000 to $24,999 0.06 $25,000 to $34,999 0.062 $35,000 to $49,999 0.09 $50,000 to $74,999 0.147 $75,000 to $99,999 0.122 $100,000 to $149,999 0.176 $150,000 to $199,999 0.1 $200,000 or more 0.155 Estimated Distribution of Household Income in Texas Income Band Estimated Percentage of the Population less than $10,000 0.061 $10,000 to $14,999 0.037 $15,000 to $24,999 0.078 $25,000 to $34,999 0.083 $35,000 to $49,999 0.118 $50,000 to $74,999 0.174 $75,000 to $99,999 0.125 $100,000 to $149,999 0.16 $150,000 to $199,999 0.076 $200,000 or more 0.089 Estimated Distribution of Household Income in Florida Income Band Estimated Percentage of the Population less than $10,000 0.063 $10,000 to $14,999 0.038 $15,000 to $24,999 0.083 $25,000 to $34,999 0.089 $35,000 to $49,999 0.124 $50,000 to $74,999 0.182 $75,000 to $99,999 0.129 $100,000 to $149,999 0.151 $150,000 to $199,999 0.064 $200,000 or more 0.078 The data in the tables are from the U.S. Census Bureau’s American Community Study (2021). The tables show the sample proportion for American households in each yearly income band, generated from the three most populous U.S. states. Based on the data, estimate the population proportion of American households that make less than $10,000 per year. Round your answer to the nearest thousandth. (1 point)

Question

Use the tables to answer the question. Estimated Distribution of Household Income in California Income Band Estimated Percentage of the Population less than $10,000 0.053 $10,000 to $14,999 0.035 $15,000 to $24,999 0.06 $25,000 to $34,999 0.062 $35,000 to $49,999 0.09 $50,000 to $74,999 0.147 $75,000 to $99,999 0.122 $100,000 to $149,999 0.176 $150,000 to $199,999 0.1 $200,000 or more 0.155 Estimated Distribution of Household Income in Texas Income Band Estimated Percentage of the Population less than $10,000 0.061 $10,000 to $14,999 0.037 $15,000 to $24,999 0.078 $25,000 to $34,999 0.083 $35,000 to $49,999 0.118 $50,000 to $74,999 0.174 $75,000 to $99,999 0.125 $100,000 to $149,999 0.16 $150,000 to $199,999 0.076 $200,000 or more 0.089 Estimated Distribution of Household Income in Florida Income Band Estimated Percentage of the Population less than $10,000 0.063 $10,000 to $14,999 0.038 $15,000 to $24,999 0.083 $25,000 to $34,999 0.089 $35,000 to $49,999 0.124 $50,000 to $74,999 0.182 $75,000 to $99,999 0.129 $100,000 to $149,999 0.151 $150,000 to $199,999 0.064 $200,000 or more 0.078 The data in the tables are from the U.S. Census Bureau’s American Community Study (2021). The tables show the sample proportion for American households in each yearly income band, generated from the three most populous U.S. states. Based on the data, estimate the population proportion of American households that make less than $10,000 per year. Round your answer to the nearest thousandth. (1 point)

Answer 1

To estimate the population proportion of American households that make less than $10,000 per year, we can average the estimated percentage of the population in each state.

For California: 0.053
For Texas: 0.061
For Florida: 0.063

Average: (0.053 + 0.061 + 0.063) / 3 = 0.059

Therefore, the estimated population proportion of American households that make less than $10,000 per year is 0.059 or 5.9%.