Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 10, 2021

. The assets of the richest 1% of Americans are distributed as follows. Construct a pie chart for the given qualitative data. Principal Residence Liquid

The assets of the richest 1% of Americans are distributed as follows. Construct a pie chart for the given qualitative data. Principal Residence Liquid Assets Pension Accounts Mutual Funds and Stocks Businesses and Other Real Estate 46.9% Miscellaneous 7.8% 5.0% 6.9% 31.6% 1.8%

Step by Step Solution

★★★★★

3.44 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

Answer Answer Given that principd Residence 78 Lizuid Assets 50 pen... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statistics

Authors: Mario F. Triola

11th Edition

321500245, 321500243, 978-0321500243

More Books

Students also viewed these Accounting questions

Question

★★★★★

Construct a pie chart for the data in Table 2-9. Compare the pie chart to the Pareto chart in Exercise 13. Which graph is more effective in showing the information in Table 2-9? Table 2-9 Relative...

Answered: 1 week ago

Question

★★★★★

Construct a pie chart from the following data. Label ........ .Value A........... 55 B............ 121 C............ 83 D............ 46

Answered: 1 week ago

Question

★★★★★

Construct a pie chart that shows the following transportation-related expenses: Fuel: $240; Insurance: $80; Public transportation: $200; Parking garage: $120; Repairs: $160.

Answered: 1 week ago

Question

★★★★★

Graph the solution of each system given in Problems 5-18. \(\left\{\begin{array}{l}x \geq 0 \\ y \geq 0 \\ x Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

In a survey of 1,000 randomly selected U.S. citizens aged 21 years or older, 721 believed that the amount of violent television programming had increased over the past 10 years, 454 believed that the...

Answered: 1 week ago

Question

★★★★★

American Optical Corporation provides a variety of share-based compensation plans to its employees. Under its executive stock option plan, the company granted options on January 1, 2018, that permit...

Answered: 1 week ago

Question

★★★★★

=+29. Baseball circumferences. Baseballs used in the major leagues in the United States must adhere to strict standards. One such standard is that the circumference must be between 9 and 9.25 inches....

Answered: 1 week ago

Question

★★★★★

See the following balance sheet for the town of Paris governmental funds. In addition, you learn from other records that the town has capital assets with a book value (net of depreciation) of $1,450...

Answered: 1 week ago

Question

★★★★★

Thermal Rising, Inc., makes paragliders for sale through specialty sporting goods stores. The company has a standard paraglider model , but also makes custom-designed paragliders. Management has...

Answered: 1 week ago

Question

★★★★★

The 'estimating trumpet' illustrates tolerances and expectations around levels of estimating accuracy across the life cycle. How do the tolerances resonate with your organisation's expectations...

Answered: 1 week ago

Question

★★★★★

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 54 units at $84 10 Sale 38 units 15 Purchase 68 units at $88 $ 20...

Answered: 1 week ago

Question

★★★★★

PR 4-5 Accounting cycle 8. Net income: $68,130 217 OBJ. 4, 5 For the past several years, Samantha Hogan has operated a part-time consulting business from her home. As of July 1, 20Y9, Samantha...

Answered: 1 week ago

Question

★★★★★

An article posted by the Canadian Visa Organization regarding the cost of living in Canada in 2021 stated that Canadians spend most of their salary on paying house rent or housing mortgages....

Answered: 1 week ago

Question

★★★★★

Let's consider a binomial probability distribution. Go to https://stapplet.com/binom.html a.Enter p=.5 and n is equal to 4 then click 'plot distribution'. What is the shape of the distribution (for...

Answered: 1 week ago

Question

★★★★★

The marks on a statistics midterm test are normally distributed with a mean of 75 and a standard deviation of 4. a. What proportion of the class has a midterm test mark that is less than 80? Round...

Answered: 1 week ago

Question

★★★★★

Winkin, Blinkin, and Nod are equal shareholders in SleepEZ, an S corporation. In the conditions listed below, how much income should each report from SleepEZ for 2023 under both the daily allocation...

Answered: 1 week ago

Question

★★★★★

Avery Company has the following projected costs for manufacturing and selling and administrative expenses: (Click the icon to view the projected costs.) Prepare a schedule of cash payments for Avery...

Answered: 1 week ago

Question

★★★★★

Distinguish among total-moisture content, free-moisture content, equilibrium-moisture content, unbound moisture, and bound moisture.

Answered: 1 week ago

Question

★★★★★

Find the probability that the selected challenge was made by a man or was successful. Use the data in the accompanying table, which summarizes challenges by tennis players (based on data reported in...

Answered: 1 week ago

Question

★★★★★

A quick quiz consists of a true/false question followed by a multiple-choice question with four possible answers (a, b, c, d). An unprepared student makes random guesses for both answers. a. Consider...

Answered: 1 week ago

Question

★★★★★

Using a strict interpretation of the relevant criteria on page 50, does the frequency distribution given in Exercise 6 appear to have a normal distribution? Does the distribution appear to be normal...

Answered: 1 week ago

Question

★★★★★

In 2019, Buraka Enterprises issued, at par, 75 1,000, 8% bonds, each convertible into 100 ordinary shares. The liability component of convertible bonds was 950 per bond, based on a market rate of...

Answered: 1 week ago

Question

★★★★★

During the month of June, Danielle's Boutique had cash sales of R$265,000 and credit sales of R$153,700, both of which include the 6% sales tax that must be remitted to the government by July 15....

Answered: 1 week ago

Question

★★★★★

You are given n = 8 measurements: 4, 1, 3, 1, 3, 1, 2, 2. a. Find the range. b. Calculate x . c. Calculate s 2 and s using the computing formula. d. Use the data entry method in your calculator to...

Answered: 1 week ago

Previous Question Next Question