2. R&E stock brokering company has randomly selected a group of 20 customers if they would like to invest their savings in low, medium, high and very high risk stocks. Responses are as follows: Very high Medium low Medium High High low Medium Medium Very high low Medium Very high low Medium Medium low High High low A. Construct the frequency table. B. What is the relative frequency of customers who prefer investing in high risk stocks? Comment on the results. C. What is the percentage (%) of customers who prefer investing in low and Medium risk stocks? Comment on the results. D. What is the best presentation for the above data? Justify your choice? Comment on the results.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
2. R&E stock brokering company has randomly selected a group of 20 customers if
they would like to invest their savings in low, medium, high and very high risk
stocks. Responses are as follows:
Very high
Medium
low
Medium
High
High
low
Medium
Medium Very high
low
Medium Very high
low
Medium
Medium
low
High
High
low
A. Construct the frequency table.
B. What is the relative frequency of customers who prefer investing in high risk
stocks? Comment on the results.
C. What is the percentage (%) of customers who prefer investing in low and Medium
risk stocks? Comment on the results.
D. What is the best presentation for the above data? Justify your choice? Comment
on the results.
Calls and notifications will vibrate
Transcribed Image Text:2. R&E stock brokering company has randomly selected a group of 20 customers if they would like to invest their savings in low, medium, high and very high risk stocks. Responses are as follows: Very high Medium low Medium High High low Medium Medium Very high low Medium Very high low Medium Medium low High High low A. Construct the frequency table. B. What is the relative frequency of customers who prefer investing in high risk stocks? Comment on the results. C. What is the percentage (%) of customers who prefer investing in low and Medium risk stocks? Comment on the results. D. What is the best presentation for the above data? Justify your choice? Comment on the results. Calls and notifications will vibrate
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Frequency Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman