Quintile: Definition, Examples in Economics, Health
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The accompanying table contains data on the income distribution of five states.Average Annual Family IncomeLowest-Highest-income Second Middle Fourth incomeState quintile quintile quintile quintile quintileCA14,30039,000 67,700109,100 250,400FL11,900 30,90051,100 80,600190,500NY12,20035,100 63,300103,500 253,100MN15,900 40,30066,100 100,100211,600TX12,90034,100 57,60091,700 208,100a. In Minnesota, what percentage all income does the highest-income quintile earn?49Incorrect%
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