CA Foundation Exam  >  CA Foundation Questions  >  A sample of income group of 1172 families was... Start Learning for Free
A sample of income group of 1172 families was surveyed and noticed that for income group?
Most Upvoted Answer
A sample of income group of 1172 families was surveyed and noticed tha...
Survey Results of 1172 Families' Income Group


A survey was conducted on 1172 families to determine their income group. The survey results showed the following:



  • Low Income Group - 438 families (37.3%)

  • Middle Income Group - 583 families (49.7%)

  • High Income Group - 151 families (12.9%)



Explanation of the Survey Results


The survey results show that the majority of the families surveyed fall under the middle income group, with almost half of the families (49.7%) falling within this category. This indicates that the middle class is the largest income group in the sample.


The low-income group represents 37.3% of the families surveyed. This indicates that a significant proportion of families are struggling to make ends meet and may require assistance from the government or other support systems.


The high-income group represents the smallest proportion of families in the sample, at 12.9%. This suggests that a small percentage of families are earning a large amount of money, which could be an indication of income inequality within the sample.


Conclusion


The survey results provide insight into the income distribution of families in the sample. The majority of families fall within the middle-income group, while a significant proportion of families fall within the low-income group. The results suggest that there may be income inequality within the sample, with a small percentage of families earning a large amount of money. These findings could be used to inform policies and programs aimed at supporting families in need and addressing income inequality.
Community Answer
A sample of income group of 1172 families was surveyed and noticed tha...
1145
Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

A sample of income group of 1172 families was surveyed and noticed that for income group?
Question Description
A sample of income group of 1172 families was surveyed and noticed that for income group? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A sample of income group of 1172 families was surveyed and noticed that for income group? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sample of income group of 1172 families was surveyed and noticed that for income group?.
Solutions for A sample of income group of 1172 families was surveyed and noticed that for income group? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of A sample of income group of 1172 families was surveyed and noticed that for income group? defined & explained in the simplest way possible. Besides giving the explanation of A sample of income group of 1172 families was surveyed and noticed that for income group?, a detailed solution for A sample of income group of 1172 families was surveyed and noticed that for income group? has been provided alongside types of A sample of income group of 1172 families was surveyed and noticed that for income group? theory, EduRev gives you an ample number of questions to practice A sample of income group of 1172 families was surveyed and noticed that for income group? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev