Fortune magazine conducted a survey to learn about the subscribers in the United States and Canada. One survey question asked the value of subscribers' investment portfolios. The following percent frequency distribution was prepared from responses to this question: Value of Investment Percent Frequency <$25,000 17 $25,000-$49,999 9 $50,000-$99,999 12 $100,000-249,999 20 $250,000-499,999 13 $500,000-999,999 13 $1,000,000 or over 16 The percent frequency distribution is based on 816 responses. How many of the respondents reported having investments of $100,000 to $249,999?
Fortune magazine conducted a survey to learn about the subscribers in the United States and Canada. One survey question asked the value of subscribers' investment portfolios. The following percent frequency distribution was prepared from responses to this question: Value of Investment Percent Frequency <$25,000 17 $25,000-$49,999 9 $50,000-$99,999 12 $100,000-249,999 20 $250,000-499,999 13 $500,000-999,999 13 $1,000,000 or over 16 The percent frequency distribution is based on 816 responses. How many of the respondents reported having investments of $100,000 to $249,999?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.3: Simple Regression Models
Problem 9P
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Fortune magazine conducted a survey to learn about the subscribers in the United States and Canada. One survey question asked the value of subscribers' investment portfolios. The following percent frequency distribution was prepared from responses to this question:
| Value of Investment | Percent Frequency |
| <$25,000 | 17 |
| $25,000-$49,999 | 9 |
| $50,000-$99,999 | 12 |
| $100,000-249,999 | 20 |
| $250,000-499,999 | 13 |
| $500,000-999,999 | 13 |
| $1,000,000 or over | 16 |
The percent frequency distribution is based on 816 responses. How many of the respondents reported having investments of $100,000 to $249,999? (Round to nearest whole number)
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