Paddy Has Lots of Cousins

Multiple Choice

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000,
$22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000,
$96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is _______, which is than that for the highest quintile of the U.S. income distribution in 2005.

A) 37.9%, lower
B) 39.7%, lower
C) 37.9%, higher
D) 39.7%, higher