For the information given, what percentage of the clients who invest in mutual funds are over age
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For the information given, what percentage of the clients who invest in mutual funds are over age 50?
A full service brokerage firm gathered information on how their clients were investing for retirement. Based on age, clients were categorized according to where the largest percentage or their retirement portfolio was invested.
Age 50 or younger | Over age 50 | Total | |
Mutual Funds | 30 | 34 | 64 |
Stocks | 37 | 45 | 82 |
Bonds | 19 | 23 | 42 |
Total | 86 | 102 | 188 |
Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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