Hi: This is more a statistical question than an R question (apologies!).
I have some income data as follows: <$5000 : 598 $5000-$10000 : 2586 .... $65001-$70000 : 202 $70001+ : 446 I.e an open ended income class for incomes > $70k. What would be the best way to estimate mean income? Something like using a Pareto distribution?. Any suggestion or references are much appreciated. Thanks very much. Erwin ______________________________________________ R-help@r-project.org mailing list https://stat.ethz.ch/mailman/listinfo/r-help PLEASE do read the posting guide http://www.R-project.org/posting-guide.html and provide commented, minimal, self-contained, reproducible code.
