Question

In: Statistics and Probability

Q 5. Reagan has accumulated $3200 in savings and wishes to invest this money sensibly. The...

Q 5.

Reagan has accumulated $3200 in savings and wishes to invest this money sensibly. The types of investments and their corresponding percentages, recommended by a financial advisor, are shown in the following pie chart. Find the amount of money Reagan should invest in bonds. Round your answer to the nearest whole dollar

Recommended Categories of Investment

Bonds 38.28%

Stocks 15.74%

Real Estate 10.22%

Mutual Funds 10.54%

Annuities 25.22%

Q 6.

Consider the following frequency table representing the distribution of cost of a paperback book (in dollars).

Cost of a Paperback Book (in Dollars)

Class

Frequency

5.8–6.6

9

6.7–7.5

14

7.6–8.4

2

8.5–9.3

3

9.4–10.2

10

Step 1 of 2:

Determine the cumulative frequency for the second class.

Step 2 of 2:

Determine the cumulative frequency for the fourth class.

Q 7.

Consider the following frequency table representing the scores on a test.

Scores on a Test

Class

Frequency

40–43

7

44–47

7

48–51

7

52–55

8

56–59

4

Copy Data

Step 1 of 5:

Determine the lower class boundary for the fifth class.

Step 2 of 5:

Determine the upper class boundary for the second class.

Step 3 of 5:

Determine the class width of each class.

Step 4 of 5:

Choose the interval that contains the score, 57.9

Step 5 of 5:

Determine the number of scores between 39.5 and 55.5

Solutions

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