A Scottrade survey asked adults how much money they have saved for retirement. The data are as
Question:
A Scottrade survey asked adults how much money they have saved for retirement. The data are as follows:
How Much Percentage
Less than $ 25,000 ………………….. 39
$ 25,001 to $ 100,000 ……………… 14
$ 100,001 to $ 250,000 ……………… 9
$ 250,001 to $ 500,000 ……………… 7
More than $ 500,000 ……………….. 7
Not sure ……………………………… 24
Construct a display that best describes these data.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
A pie chart is the best choice because all ca...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
A StatCrunch survey asked people how much money they spent for gifts during the holidays. Compare the males and females, using both graphical and numerical summaries. Calculate the numbers from the...
-
For nine paired samples, the data are as listed in the table. For d = the difference between paired observations (x1 x2), use the 0.10 level of significance in testing H0: md ¤ 0 versus H1: md...
-
For ten paired samples, the data are as listed here. For d = the difference between paired observations (x1 x2), use the 0.10 level of significance in testing H0: md = 0 versus H1: md 0. Sample: 1 2...
-
There are 38 numbers in the game of roulette. They are 00, 0, 1, 2, . . ., 36. Each number has an equal chance of being selected. In the game, the winning number is found by a spin of the wheel. Say...
-
Why do companies use sales force automation and marketing automation?
-
Two point charges are placed on the x-axis as follows: Charge q1 = +4.00 nC is located at x = 0.200 m, and charge q2 = +5.00 nC is at x = -0.300 m. What are the magnitude and direction of the total...
-
9. Why do executives spend so much time and effort on communicating with noise traders if intrinsic investors ultimately drive a companys share price?
-
Self-described "sports nut" Gary Baker signed up for a three-year club-seat "package" that entitled him and a companion to tickets for 41 Boston Bruin hockey games and 41 Boston Celtic basketball...
-
Alliance Companys budgets production of 34,000 units in January and 38,000 units in the February. Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound. Each months ending...
-
The following trial balance was extracted from the books of JCV Ltd. as at 30 September 2019: $ $ Land and buildings 151,000 Motor vehicles at cost 60,000 Accumulated depreciation on motor vehicle (1...
-
The following table indicates the market share for LCD televisions in the fourth quarter of 2011. Brand Market Share % Samsung .. 23.6 Vizio . 15.4 LG . 12.4 Sony 8.0 Toshiba . 7.8 Construct a...
-
The number of television coverage hours for six Winter Olympics is shown in the following table: Winter Olympics Television Coverage Hours Albertville (1990) . 116 Lillehammer (1994) . 120 Nagano...
-
Suppose you had to identify the color of ink for a series of printed words that spelled out a color that did not match the ink color? For example, what color ink is used in the word RED? This might...
-
Beginning with Eq. (11.16), prove that Data from Eq. 11.16 Data from Eq. 11.21 where we have defined D8 = - 3 2 F = FiFi T = F + F + F Y = F8. 3 Show that this leads to Eq. (11.21) with the...
-
Consider the light bulb that is the object in Figure 33.28. If you move the bulb to the left, does the image shift left, shift right, or stay in the same place? Data from Figure 33.28 (a) The three...
-
Two models of light emitted from a light bulb are illustrated in Figure P33.5. (a) Describe the difference in the behavior of light in each model. (b) Describe an experiment that can determine which...
-
Parallel red and green laser rays are incident on a glass slab as shown in Figure P33.24. Sketch the rays as they pass through the slab and after they have entered the air to the right of the slab....
-
Consider the following five operations: constructing a luxury cruise ship, operating a casual dining restaurant, staging a professional sports match, manufacturing a patented drug, and rescuing...
-
The following frequency distribution presents the number of units sold for categories of physical and digital music in the years 2014 and 2015. a. Construct a relative frequency distribution for the...
-
Cable Corporation is 60% owned by Anna and 40% owned by Jim, who are unrelated. It has noncash assets, which it sells to an unrelated purchaser for $100,000 in cash and $900,000 in installment...
-
A MOSFET with \(\lambda=0.01 \mathrm{~V}^{-1}\) is biased in the saturation region at \(I_{D}=\) \(0.5 \mathrm{~mA}\). If \(V_{G S}\) and \(V_{D S}\) remain constant, what are the new values of...
-
According to the 2016 Majoring in Money report bythe government-lending institution Sallie Mae, 18-to 20-year-old college students have an averagecredit card balance of $569. You want to find out...
-
Suppose the average size of a new house built in a certain county in 2014 was 2,272 square feet. A random sample of 25 new homes built in this county was selected in 2018. The average square footage...
-
According to National Retail Foundation, holiday shoppers spent an average of $935.58 over the Thanksgiving weekend in 2016. The following data show the amount spent by a random sample of holiday...
-
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...
-
Determine the simple interest earned on $10,000 after 10 years if the APR is 15%
-
give me an example of 10 transactions from daily routine that we buy and put for me Liabilities + Owners' Equity + Revenues - Expenses
Study smarter with the SolutionInn App