Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 2 - Section 2.2 - Assess Your Understanding - Applying the Concepts - Page 97: 34b

Answer

See the picture.

Work Step by Step

Total: 28 publicly traded stocks. The relative frequency for "0 - 0.39" is $\frac{7}{28}=0.25$ The relative frequency for "0.40 - 0.79" is $\frac{4}{28}\approx0.1429$ The relative frequency for "0.80 - 1.19" is $\frac{5}{28}\approx0.1786$ The relative frequency for "1.20 - 1.59" is $\frac{2}{28}\approx0.0714$ The relative frequency for "1.60 - 1.99" is $\frac{3}{28}\approx0.1071$ The relative frequency for "2.00 - 2.39" is $\frac{4}{28}\approx0.1429$ The relative frequency for "2.40 - 2.79" is $\frac{2}{28}\approx0.0714$ The relative frequency for "2.80 - 3.19" is $\frac{1}{28}\approx0.0357$
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