| 1 | A | B | C | D | E |
| --- | --- | --- | --- | --- | --- |
| 2 | registered education savings plan holdings of economic families with children |  |  |  |  |
| 3 |  | 1999 |  | 2012 |  |
| 4 |  | have an resp | mean value of resps | have an resp | mean value of resps |
| 5 |  | proportion | 2012 constant dollars | proportion | 2012 constant dollars |
| 6 | overall | 0.159 | 1,325 | 0.467 | 6,878 |
| 7 | after-tax income quintile |  |  |  |  |
| 8 | bottom | 0.098 | 746 | 0.253 | 2,072 |
| 9 | second | 0.134 | 888 | 0.360 | 3,676 |
| 10 | third | 0.177 | 1,271 | 0.460 | 5,162 |
| 11 | fourth | 0.226 | 2,404 | 0.585 | 7,535 |
| 12 | top | 0.318 | 3,134 | 0.679 | 15,915 |
| 13 | net worth (less resps) quintile |  |  |  |  |
| 14 | bottom | 0.066 | 397 | 0.195 | 831 |
| 15 | second | 0.139 | 668 | 0.341 | 2,061 |
| 16 | third | 0.160 | 1,136 | 0.455 | 3,972 |
| 17 | fourth | 0.238 | 2,285 | 0.613 | 8,755 |
| 18 | top | 0.327 | 4,879 | 0.732 | 18,752 |
| 19 | highest parental education |  |  |  |  |
| 20 | no high school diploma | 0.048 | 214 | 0.120 | 389 |
| 21 | high school diploma | 0.117 | 660 | 0.213 | 3,398 |
| 22 | non-university postsecondary certificate | 0.141 | 1,181 | 0.403 | 4,574 |
| 23 | bachelor's degree | 0.246 | 2,089 | 0.620 | 8,551 |
| 24 | above a bachelor's degree | 0.299 | 3,032 | 0.688 | 14,266 |
| 25 | age of oldest parent |  |  |  |  |
| 26 | under 30 years old | 0.098 | 220 | 0.254 | 778 |
| 27 | 30 to 34 years | 0.170 | 699 | 0.378 | 2,512 |
| 28 | 35 to 39 years | 0.157 | 1,231 | 0.493 | 5,341 |
| 29 | 40 to 44 years | 0.156 | 1,344 | 0.522 | 6,716 |
| 30 | 45 to 49 years | 0.184 | 2,214 | 0.495 | 8,754 |
| 31 | 50 to 54 years | 0.176 | 2,330 | 0.507 | 14,287 |
| 32 | 55 years old or over | 0.163 | 1,320 | 0.464 | 10,326 |
| 33 | married or common-law couple | 0.178 | 1,489 | 0.510 | 7,658 |
| 34 | lone parent | 0.066 | 523 | 0.245 | 2,763 |
| 35 | one child | 0.139 | 926 | 0.426 | 5,069 |
| 36 | two children | 0.183 | 1,568 | 0.506 | 8,126 |
| 37 | three or more children | 0.152 | 1,711 | 0.477 | 8,326 |
| 38 | age of youngest child |  |  |  |  |
| 39 | 0 to 4 years | 0.187 | 897 | 0.479 | 4,059 |
| 40 | 5 to 9 years | 0.163 | 1,917 | 0.490 | 7,846 |
| 41 | 10 to 14 years | 0.151 | 1,550 | 0.460 | 8,274 |
| 42 | 15 to 17 years | 0.092 | 969 | 0.416 | 10,658 |
| 43 | age of oldest child |  |  |  |  |
| 44 | 0 to 4 years | 0.201 | 679 | 0.453 | 1,919 |
| 45 | 5 to 9 years | 0.178 | 1,880 | 0.547 | 7,701 |
| 46 | 10 to 14 years | 0.162 | 1,315 | 0.458 | 7,428 |
| 47 | 15 to 17 years | 0.110 | 1,325 | 0.430 | 9,614 |
| 48 | atlantic provinces | 0.163 | 1,302 | 0.462 | 5,360 |
| 49 | quebec | 0.110 | 622 | 0.362 | 3,881 |
| 50 | ontario | 0.183 | 1,579 | 0.502 | 8,800 |
| 51 | prairie provinces | 0.164 | 1,842 | 0.493 | 7,190 |
| 52 | british columbia | 0.175 | 1,240 | 0.516 | 6,637 |
| 53 | urban | 0.165 | 1,374 | 0.483 | 7,296 |
| 54 | rural | 0.137 | 1,133 | 0.379 | 4,519 |

Question: overall, what was the proportion of economic families with school-age children that held an resp in 1999?
Answer: 0.159

Question: on average, how many dollars did families hold in resps including families who did not hold an resp?
Answer: 1325

Question: what was the proportion of families in the top income quintile that had an resp account in 1999?
Answer: 0.318

Question: what was the proportion of families in the bottom income quintile that had an resp account in 1999?
Answer: 0.098

Question: how many times was the mean value of resps among families at the top higher than those at the bottom of the distribution in 1999?
Answer: 4.201072

Question: did married couples tend to invest more in resps or did lone parents in 1999?
Answer: married or common-law couple

Question: did families living in urban areas tend to invest more in resps or did rural ones in 1999?
Answer: urban

Question: in which year was resp participation higher for families in the bottom income quintile?
Answer: 2012

Question: in which year was the average dollar value of holdings higher for families in the bottom income quintile?
Answer: 2012

Question: how many dollars more did families in the top quintile hold in resps on average than those in the bottom quintile in 1999?
Answer: 2388

Question: how many dollars more did families in the top quintile hold in resps on average than those in the bottom quintile in 2012?
Answer: 13843

Question: how many times was the average dollar value of resp holdings among families in the top income quintile higher than those in the bottom quintile in 1999?
Answer: 4.201072

Question: how many times was the average dollar value of resp holdings among families in the top income quintile higher than those in the bottom quintile in 2012?
Answer: 7.680985