a. Thirty-six randomly selected senior citizens were asked if their net worth is more than or less

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a. Thirty-six randomly selected senior citizens were asked if their net worth is more than or less than $200,000. Their responses are given below, where M stands for more, L represents less, N means do not know or do not want to tell.

M M L L L N M N L L M M M L M N L м M L M L L M м

b. Using the frequency distribution of part a, prepare the relative frequency and percentage distributions.
c. What percentage of these senior citizens claim to have net worth less than $200,000?
d. Make a bar graph for the frequency distribution.
e.
Make a Pareto chart for the frequency distribution.
f.
Draw a pie chart for the percentage distribution.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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