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: $\square$ $\%$

Question

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: $\square$ $\%$

Accepted Answer

∻Solution by Steps∻ ‖ step 1 ⋮ Calculate the percentage of households that own their home. ‖ ‖ step 2 ⋮ Using the asksia-ll calculation: $(71+5)/116 imes 100$. ‖ ‖ 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: $(13+27)/116 imes 100$. ‖ ‖ 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.⚹◊What is the formula to calculate the marginal distribution of a variable in percentage?⍭ Generate me a similar question◊

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