The percentage of pet owners in the U.S. spiked over the past 35 years, according to pet owner statistics analyzed by Forbes Advisor.The steady rise in pet ownership in the U.S. comes at a time when pet insurance is also rapidly gaining in popularity. What was once an obscure insurance product has more than doubled in growth from 2018 to 2021. Pet insurance prevents you from having to pay the full cost of unexpected vet bills if your pet is injured or gets sick. It's a smart way to add a layer of financial security to your budget. Here are more interesting facts related to pet ownership:

As of 2023, 66% of U.S. households (86.9 million homes) own a pet.

Pet ownership has increased significantly over the past three decades. In 1988, only 56% of U.S. households owned a pet.

78% of pet owners surveyed by Forbes Advisor acquired pets during the pandemic

A survey of 400 homeowners was conducted to determine what type of pets people in the area prefer to own. The results of the survey are as follows:

158 own cats

177 own dogs

140 own fish

56 own cats and dogs

43 own cats and fish

44 own dogs and fish

14 own cats, dogs, and fish

Use this information to answer the following questions:

(Q1-Q5 1 point each)

1. How many homeowners own only dogs?

2. How many homeowners own dogs or fish but not cats?

3. How many homeowners own only cats or only fish?

4. How many homeowners do not own cats or fish?

5. How many homeowners do not own cats, dogs, or fish?

Please be sure to draw and include a Venn Diagram representing the sets above with your answers

Answer rating: 100% (QA)

To answer these questions we can use a Venn diagram to represent the sets of homeowners who own cats ... View the full answer