A report on Americans' opinions about long-term investments included data from a poll of 1,010 adults. The responses to the question "What do you think is the best long-term investment?" are summarized in the given relative frequency distribution. Relative Frequency 0.32 Response Real Estate Stocks & Mutual Funds Gold Savings Bonds Other O 0.21 0.30 0.25 0.20 0.15 0.10 0.05 0.004 0.19 0.17 0.08 (a) Use this information to construct a bar chart for the response data. CHOICE A 0.03 LIL Real Stocks & God Savings Bogds Other Estate Mutual Funds Best Long-Term Investment ( (b) Write a few sentences on how people responded to the question posed. CHOICE B 0.30 0.25 0.20 0.15 0.10 0.05 0.004 Real Stocks & Gd Savings Bonds Other Estate Mutual Funds Best Long-Term Investment % of respondents answered that the best long-term investments were real estate and stocks and mutual funds, and the remaining CHOICE C O 0.30 0.25 0.20 0.15 0.10 0.05 0.00 Real Stocks & God Savings Bonds Other Estate Mutual Funds Best Long-Term Investment O CHOICE D 1. Real Stocks & God Savings Bogds Other Estate Mutual Funds Best Long-Term Investment O 0.30 0.25 0.20 0.15 0.10 0.05 0.00 % of respondents believed that gold, savings, bonds, and other were the best long-term investment. Ⓡ

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 12PPS
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A report on Americans' opinions about long-term investments included data from a poll of 1,010 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
Real Estate
Stocks & Mutual Funds
Gold
Savings
Bonds
Other
Relative Frequency
0.30
0.25
0.20
0.15
0.10
Relative
Frequency
0.05
0.00
0.32
0.21
0.19
(a) Use this information to construct a bar chart for the response data.
CHOICE A
0.17
0.08
0.03
Funds
Best Long-Term Investment
CHOICE B
(b) Write a few sentences on how people responded to the question posed.
0.20
0.15
0.15
ko. Lul M. ha.
0.10
0.10
0.05
0.05
Real Stocks & Gold Savings Boads Other
Real Stocks & Gold Savings Boads Other
Real Stocks & Gold Savings Bonds Other
Real Stocks & Gold Savings Boads Other
Estate Mutual
Estate Mutual
Estate Mutual
Estate Mutual
Funds
Funds
Best Long-Term Investment
Best Long-Term Investment
O
0.30
0.25
0.00
Ⓒ
CHOICE C
% of respondents answered that the best long-term investments were real estate and stocks and mutual funds, and the remaining
0.30
0.25
0.20
0.15
0.10
0.05
0.00
CHOICE D
Ⓡ
0.30
0.25
0.20
0.00
Funds
Best Long-Term Investment
% of respondents believed that gold, savings, bonds, and other were the best long-term investment.
Ⓡ
Transcribed Image Text:A report on Americans' opinions about long-term investments included data from a poll of 1,010 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 Real Estate Stocks & Mutual Funds Gold Savings Bonds Other Relative Frequency 0.30 0.25 0.20 0.15 0.10 Relative Frequency 0.05 0.00 0.32 0.21 0.19 (a) Use this information to construct a bar chart for the response data. CHOICE A 0.17 0.08 0.03 Funds Best Long-Term Investment CHOICE B (b) Write a few sentences on how people responded to the question posed. 0.20 0.15 0.15 ko. Lul M. ha. 0.10 0.10 0.05 0.05 Real Stocks & Gold Savings Boads Other Real Stocks & Gold Savings Boads Other Real Stocks & Gold Savings Bonds Other Real Stocks & Gold Savings Boads Other Estate Mutual Estate Mutual Estate Mutual Estate Mutual Funds Funds Best Long-Term Investment Best Long-Term Investment O 0.30 0.25 0.00 Ⓒ CHOICE C % of respondents answered that the best long-term investments were real estate and stocks and mutual funds, and the remaining 0.30 0.25 0.20 0.15 0.10 0.05 0.00 CHOICE D Ⓡ 0.30 0.25 0.20 0.00 Funds Best Long-Term Investment % of respondents believed that gold, savings, bonds, and other were the best long-term investment. Ⓡ
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