The Gallup report More Americans Say Real Estate Is Best Long-Term Investment (gallup.com, April 20, 2016, retrieved

Question:

The Gallup report “More Americans Say Real Estate Is Best Long-Term Investment” (gallup.com, April 20, 2016, retrieved April 15, 2017) included data from a poll of 1015 adults. The responses to the question “What do you think is the best long-term investment?” are summarized in the given relative frequency distribution.

Response Relative Frequency

Real Estate .......................................... 0.35

Stocks & Mutual Funds ..................... 0.22

Gold .................................................... 0.17

Savings ............................................... 0.15

Bonds ................................................. 0.07

Other .................................................. 0.04

a. Use this information to construct a bar chart for the response data.

b. Write a few sentences commenting on the distribution of responses to the questions posed.

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