[EX02-168] The USA Snapshot Paydown after graduation reports that undergraduates who take loans average $16,500 of debt

Question:

[EX02-168] The USA Snapshot “Paydown after graduation” reports that undergraduates who take loans average $16,500 of debt at graduation.

By percentage, the amount of their monthly debt is shown here.

image text in transcribed

a. How many were surveyed?

b. Draw a histogram of these data.

c. Find the mean of the frequency distribution.

d. Find the median of the frequency distribution.

e. Find the mode of the frequency distribution.

Step by Step Answer:

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Just The Essentials Of Elementary Statistics

ISBN: 9780495314875

10th Edition

Authors: Robert Johnson, Patricia Kuby

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Question Posted: Sep 19, 2024 05:00 PM

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[EX02-168] The USA Snapshot Paydown after graduation reports that undergraduates who take loans average $16,500 of debt

Question:

Debt Percent Under $100 $100-$149 $150-$199 $200-$249 $250-$299 $300 or more 17% 17% 17% 19% 10% 20% Debt Suppose another survey had resulted in the fre- quency distribution shown here. Frequency Under $100 $100-$149 $150-$199 $200-$249 $250-$299 $300 or more 125 158 127 175 100 165

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Just The Essentials Of Elementary Statistics

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