Question

Money magazine (January 2007) reported that an average of 77 million adults in the United States make financial resolutions at the beginning of a new year. Consider the following frequency distribution, which reports the top financial resolutions of 1,026 Americans (MONEY/ICR poll conducted November 8–12, 2006).
Financial Resolution ..... Frequency
Saving more ........ 328
Paying down debt ..... 257
Making more income .... 154
Spending less ........ 133
Investing more ...... 103
Saving for a large purchase ... 41
Don’t know ........ 10

a. Construct a relative frequency distribution for these data. What percentage of the respondents indicated that paying down debt was their top financial resolution?
b. Construct a bar chart.



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  • CreatedJanuary 28, 2015
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