Question: b. With reference to fig. 1 below (ogive), comment on the estimated minimum amount a consumer needs to spend on a stand mixer to

b. With reference to fig. 1 below (ogive), comment on the estimated minimum amount a consumer needs to spend on a stand mixer to belong to the bottom 25% in terms of expenditure. Fig. 1-Ogive Showing Cumulative Percentage Frequencies Cumulative Percentage Frequency 100 95 50 45 40 35 30 25 20 15 10 5 0 100 Ogive 200 Price () 300 400

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