Difference between revisions of "Statistical formulas documentation"
From mtab wikisupport
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| Weighted Sample Total Count || 1,255,411 | | Weighted Sample Total Count || 1,255,411 | ||
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− | | (1) || <span style="color:red">'''Calculated Accumulated Weighted Response'''</span> | + | | (1) || width="550"|<span style="color:red">'''Calculated Accumulated Weighted Response'''</span> |
|- | |- | ||
| (2) || Divide total (1,039,746) by 2=519,873 || 519,873 | | (2) || Divide total (1,039,746) by 2=519,873 || 519,873 |
Revision as of 13:02, 6 August 2013
mTAB Median Calculation from Income Brackets
Approximate Annual HH Income | |
Median | 71,180 |
Unweighted Sample Total Count | 10,811 |
Approximate Annual HH Income | Weighted Response (1) Accumulated Response |
||
Less than $15,000 || width="150"|11,714 || 11,714 |- | $15,000 - $24,999 || 46,054 || 57, 768 |- | $25,000 - $34,999 || 83,965 || 141,733 |- | $35,000 - $44,999 || 102,093 || 243,826 |- | $45,000 - $59,999 || 155,721 || '''399,546''' |- | $60,000 - $74,999 || 161,435 || '''560,981''' <--''Median will fall here'' (3) |- | $75,000 - $99,999 || 193,540 || 754,521 |- | $100,000 - $124,999 || 134,706 || 889,227 |- | $125,000 - $149,999 || 59,748 || 948,975 |- | $150,000 - $199,999 || 41,971 || 990,946 |- | $200,000 - $249,999 || 16,391 || 1,007,337 |- | $250,000 or More | 32,409 | 1,039,746 | |
Weighted Subset Total Count | 1,039,746 | ||
Weighted Sample Total Count | 1,255,411 |
(1) | Calculated Accumulated Weighted Response | |
(2) | Divide total (1,039,746) by 2=519,873 | 519,873 |
(3) | Find first value in Accumulated Response column that is greater than step 2 value | |
The median will fall between the $60,000-$74,999 bracket | ||
(4) | Step 2 amount (519,873) MINUS preceding break accumulated response 399,546 = | 120,327 |
(5) | Acc. Response where Meidan will fall 560,981 MINUS preceding break 399,546 = | 161,435 |
(6) | Step 4 Divided by Step 5 | 0.74536 |
(7) | Multiply Step 6 by the range 14,999 ($60,000-$75,999) | 11180 |
(8) | Add Step 7 to bottom of range $60,000 | 71,180 |