The Consumer Financial Protection Bureau reports on consumer financial product and service complaint submissions by state, category,

Question:

The Consumer Financial Protection Bureau reports on consumer financial product and service complaint submissions by state, category, and company. The following table, stored in FinancialComplaints1

, represents complaints received from Louisiana consumers by complaint category for 2016.image text in transcribed

a. Construct a Pareto chart for the categories of complaints.

b. Discuss the “vital few” and “trivial many” reasons for the categories of complaints.
The following table, stored in FinancialComplaints2 , represents complaints received from Louisiana consumers by most-complained-
about companies for 2016.image text in transcribed

c. Construct a bar chart and a pie chart for the complaints by company.

d. What graphical method (Pareto, bar, or pie chart) do you think is best for portraying these data?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: