Cumulative distribution function

Wealth distribution in the United States has been an increasingly popular topic amongst Americans and politicians in the last few years. The wealth distribution is grossly favored toward the top 10% of North American earners owned 75%, specifically, the top 1% is seen owning 40% of the United States’ wealth (Covert, 2014). Why is this so important to the overall wellbeing of our Economy? It is important to recognize because the wealth is nowhere near being evenly distributed. Supplementary,…

What is normal? Is it what is most common, what we see the most often, what others tell us is so, what we feel is right? However we define our normality, Charles Simic often aims to disturb it with his poetry, defamiliarizing ‘normal’ objects and practices. Karen Volkman calls him “a laureate of our disquiet” (52), eyes narrowing in on the slightest, most contradictory nuances of American society. She claims that Simic “speak[s] to the uncanniness and latent violence of…provincial American…

Inequality in income can depend on what particular political system and what economic system a country uses. The three kinds of economies are the traditional economy, the command economy, and the market economy. Traditional economies are thought of as “old-fashioned” and “under-developed” resulting in little growth economically and therefore there are not many areas with this kind of economy that still exist. This type of economy is usually situated in rural areas. Farming and agriculture are…

Analysis of variance (ANOVA) is a process that is used to compare three or more population means at the same time (Donnelly, 2013). In this scenario, Mi Casa Front Porch restaurant is looking to better understand customer satisfaction levels. A student intern assisted Mario of the Mi Casa Front Porch restaurant with some data analysis from three different locations. Mario also recognized that there are two distinct customer types that frequent the three locations. Unfortunately, the student…

Today people across the world are engaged in the pronounced discussion about inequality that undoubtable continue to create divisions among the human race. Notably, as time passes by, the economic gaps continue to widen, characterized by those that are continuously becoming prosperous and powerful, while others are held by a stagnated income and the ever raising economic pressure, whereas another lot is left behind in as they languish in the ever growing poverty, dependency, and hopelessness.…

Anil Pothula 1004664. Given info Process Arrival Time Burst Time Priority P1 0 15 1 P2 3 2 5 P3 4 6 2 P4 8 2 3 P5 12 10 4 Q1. First Come First Serve: Here in this process our priority is arrival time, as the name suggests first priority is given to the process that arrived first. Process1 Process2 Process3 Process4 Process5 T=0 15 17 23 25 35 Shortest Job First: Here in this process our priority is time…

The first part of the experiment required one to trace the light rays going through a converging and diverging lenses. By setting up the light source towards the end of the paper and placing the lenses about 5 cm in front of the light the focal distances were found to be 14 cm for the converging lens and -5.5cm for the diverging lens. These focal distances theoretically make since because the converging lens causes the light rays to combine in front of the lens making it positive and the…

Adam Smith said “No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.” Smith is saying that not every society is fair. There will be some people that are happy and some people that do not have as much. The gap between the rich and the poor is too large. If the rich were to give a little back or invest their money in businesses or other services it could help close that gap. The rich occupy a large amount of money and resources in…

Skylar discussed several statistical numbers throughout her article that explains the growing income inequality of individuals, particularly the wealth gap between the lower, middle, and upper class. For example, the top 1 percent of families has roughly the same amount of wealth as the bottom 95 percent. In terms of the direct economic relation between the average worker and the average CEO, it’s even worse. CEO’s on average because significantly more than the average worker as corporate…

I certainly think that the inequality of income and wealth is a social problem and it needs to be addressed. In the Wealth Inequality in America video we watched, it was stated that “the top 1% of America has 40% of all the nation’s wealth”. When the top 1% of the richest people in America have 40% of the total wealth of the nation, that is a problem. This is way beyond the point of the rich and wealth just living a luxurious lifestyle when they have 40% of the total wealth of the nation. I…