Solved

Table: Distribution of Income Refer to the Table

Question 248

Essay

Table: Distribution of Income  Society  Person X  Person Y  Person Z  Average Income A50404545 B 24262224 C 7057550 D 40303535\begin{array} { c c c c c } \hline \text { Society } & \text { Person X } & \text { Person Y } & \text { Person Z } & \text { Average Income } \\\hline \mathbf { A } & 50 & 40 & 45 & 45 \\\text { B } & 24 & 26 & 22 & 24 \\\text { C } & 70 & 5 & 75 & 50 \\\text { D } & 40 & 30 & 35 & 35 \\\hline\end{array}
Refer to the table. Using the maximin principle, identify the societies that rank the highest and the lowest.

Correct Answer:

verifed

Verified

Society C ranks lowest because...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents