A recent survey showed that the typical American car owner spends $2,950 per year on operating expenses.
Question:
A recent survey showed that the typical American car owner spends $2,950 per year on operating expenses. Below is a breakdown of the various expenditure items. Draw an appropriate chart to portray the data and summarize your findings in a brief report.
Expenditure Item Amount
Fuel ............. $ 603
Interest on car loan...... 279
Repairs ........... 930
Insurance and license...... 646
Depreciation ......... 492
Total .............$2,950
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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