A survey conducted by CBS News asked 1,026 respondents: What would you do with an unexpected tax
Question:
“What would you do with an unexpected tax refund?” The responses are summarized in the following table.
Pay of debts ..... 47%
Put it in the bank .... 30%
Spend it ....... 11%
I never get a refund .... 10%
Other ........ 2%
a. Construct a bar chart for these data.
b. How many people will spend the tax refund?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (13 reviews)
a The most frequent responses were regards to paying off debts or putting it in ...View the full answer
Answered By
Parvesh Kumar
I am an experienced Mathematics and Statistics tutor with 10 years of experience teaching students and working professionals. I love teaching students who are passionate to learn subjects or wants to understand any mathematics and statistics concept at graduation or master’s level. I have worked with thousands of students in my teaching career. I have helped students deal with difficult topics and subjects like Calculus, Algebra, Discrete Mathematics, Complex analysis, Graph theory, Hypothesis testing, Probability, Statistical Inference and more. After learning from me, students have found Mathematics and Statistics not dull but a fun subject. I can handle almost all curriculum of mathematics. I did B.Sc (mathematics), M.Sc (mathematics), M.Tech (IT) and am also Gate (CS) qualified. I have worked in various college and school and also provided online tutoring to American and Canadian students. I look forward to discussing with you and make learning a meaningful and purposeful
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
Question Posted:
Students also viewed these Statistics questions
-
A survey conducted by CBS News asked 829 respondents which of the following events will happen first. The responses are summarized in the following table: Cure for cancer found ..... 40% End of...
-
A survey conducted by CBS News asked 1,026 respondents: What would you do with an unexpected tax refund? The responses are summarized in the following table. ResponseFrequency Pay of...
-
A survey conducted by CBS News asked 1,026 respondents: What would you do with an unexpected tax refund? The responses (in %) are summarized in the following table. a. Graph the bar chart. b. How...
-
On November 1, 2018, the following were the account balances of Mountain Equipment Repair Limited. Mountains year-end is October 31 and it records adjusting entries monthly. Enter the November 1...
-
Do you prefer email or SMS for certain activities? Please explain.
-
Compare the complexity of flash-based and successive approximationbased ADC. Assume that you would like to distinguish between n different voltage intervals. Enter the complexity into Table 3.2,...
-
According to the State of New York Unified Court System, names of potential jurors are selected from a variety of different sources. When a trial requires a jury, names from the list are randomly...
-
Peter is a professor of mathematics at State University. His lifetime avocation has been sailing, and he owns an oceangoing sailing vessel. He plans to retire in five years and spend the remainder of...
-
The following transactions occurred during June 2 0 2 3 and are INCLUSIVE of GST where appropriate. Record the journal entries 2 0 2 3 June 1 Scallion Ltd shareholders invested $ 6 0 , 0 0 0 cash in...
-
Carmen Dahlen opened a secretarial school called Star office Training. a. Dahlen contributed the following assets to the business: Cash ........$5,700 Computers ....... 5,000 Office Equipments ......
-
A recent poll of 3,057 individuals asked: Whats the longest vacation you plan to take this summer? The following relative frequency distribution summarizes the results. Response ....... Relative...
-
The following table lists the U.S. sales (in $ millions) of prescription drugs used to treat seizure disorders. Drug ........ Sales in 2006 Topamax ...... $1,825.4 Lamictal ....... 1,684.3 Depakote...
-
Suppose that X1, . . . ,Xn form a random sample of size n from a continuous distribution with the following p.d.f.: Let Yn = max{X1, . . . , Xn}. Evaluate E(Yn). 2x 0 for 0
-
Corporation Beta sells common stock for $50. The floatation cost for new issue of stocks will be 5 percent. The company pays 50 percent of its earnings in dividends, and a $4 dividend was recently...
-
Describe the capital asset pricing model and how it can be used to estimate the cost of common equity financing.
-
What are some examples of loans secured by a firms inventories?
-
What are the basic types of issues addressed by the study of finance?
-
How do operating and financial leverage interact to affect the volatility of a firms earnings per share?
-
State whether the following statement are True or False Cash payments relating to forward contracts are held for dealing/trading purpose will be classified as investing activity.
-
Determine the reactions in supports A and D and connections B and C. Sketch its shear and moment diagram and determine the magnitude ankoration of the maximum shear and moment for every member. 18 3...
-
A production manager is investigating whether the operator training method (factor A) will affect the resulting output for a particular product. Three training methods were studied: a full-day...
-
The cutting department at Best Cuts, a furniture manufacturer, is examining the effect of depth of cut and feed rate on the surface roughness of table legs used in a popular dining room table model....
-
Lisa Grattan, a financial analyst for a small investment firm, collects annual stock return data for 10 firms in the energy industry, 13 firms in the retail industry, and 16 firms in the utilities...
-
A 100,000.00 mortgage has a 25-year amortization, at 3% interest compounded annually with a monthly mortgage payment. a. How much are the monthly mortgage payments? (2 points) b. After 5 years (60...
-
What is a mathematical formula to calculate Inventory as a Percentage of Total Inventory?
-
In a business setting, daily incidental expenses are managed through petty cash. According to accounting principles, where should petty cash disbursements for these expenses be recorded on a daily...
Study smarter with the SolutionInn App