Instructions: The assignment should be submitted via Blackboard. No Email submission is accepted. The deadline is firm. Late assignments will nor be graded There is no word count. All that matters is your answer's strength regardless of the number of words you have used Jill, your other QMB 2301 buddy, decides to look into the amount of money spent on cars broken down by car price Jill decides to make a bar chart with the x-axis broken into classes of car prices. She has attended some lectures, and she decides to make evenly distributed class ranges of $25,000. For the y-axis, she makes the units the total dollars spent for that given class. To calculate this, she multiplies the number of cars sold in that class by their price and adds that up. Her bar chart looks like: Total dollar volume spent on cars broken down by car price She is confused, as she thought that the bars would get higher as the car prices went higher - after all, she thinks, it makes sense that more money is spent total on cars that cost $100,000 than cars that cost $25,000 as $100,000 is a bigger number than $25,000. 1. What is Jill missing? 2. Without worrying about the exact numbers on the y-axis, what MUST the bar chart of the volume of cars sold by car prices look like? In other words, what must the bar chart look like where the y-axis is the number of cars sold, and the x-axis uses the same classes as the bar chart above. Please draw a picture (use the x-axis from the given bar chart and do not worry about the numbers on the y-axis). 3. What is the name of the type of graph you just drew? 4. With regard to your answer to question 2, what would the shape of the relative frequency graph look like? What would the sum of the y-axis data points add to? 5. With regard to your answer to question 2, what would the shape of the percentage frequency graph look like