Statistics: Informed Decisions Using Data (4th Edition)

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

Chapter 2 - Section 2.3 - Assess Your Understanding - Applying the Concepts - Page 108: 21d

Answer

See the picture.

Work Step by Step

$Cumulative~relative~frequency=\frac{cumulative~frequency}{sum~of~all~frequencies}$ Total (sum of all frequencies): 35 stocks for each industry. - Goods Stocks: Cumulative relative frequency for"-20.00 -10.01" is $\frac{1}{35}\approx0.0286$ Cumulative relative frequency for"-10.00 -0.01" is $\frac{1+5}{35}\approx0.1714$ Cumulative relative frequency for "0.00 9.99" is $\frac{1+5+15}{35}=0.6000$ Cumulative relative frequency for "10.00 19.99" is $\frac{1+5+15+10}{35}\approx0.8857$ Cumulative relative frequency for "20.00 29.99" is $\frac{1+5+15+10+3}{35}\approx0.9714$ Cumulative relative frequency for "30.00 39.99" is $\frac{1+5+15+10+3+1}{35}=1$ - Energy Stocks: Cumulative relative frequency for"-20.00 -10.01" is $\frac{0}{35}=0$ Cumulative relative frequency for"-10.00 -0.01" is $\frac{0+5}{35}\approx0.1429$ Cumulative relative frequency for "0.00 9.99" is $\frac{0+5+16}{35}=0.6000$ Cumulative relative frequency for "10.00 19.99" is $\frac{0+5+16+12}{35}\approx0.9429$ Cumulative relative frequency for "20.00 29.99" is $\frac{0+5+16+12+2}{35}=1$ Cumulative relative frequency for "30.00 39.99" is $\frac{0+5+16+12+2+0}{35}=1$
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