Grouping and Displaying data to convey meaning

The National Association of Real Estate Sellers has collected these data on a sample of 130 salespeople representing their total commission earnings annually:

EarningsFrequency
$ 5,000 or less5
$ 5,001–$10,0009
$10,001–$15,00011
$15,001–$20,00033
$20,001–$30,00037
$30,001–$40,00019
$40,001–$50,0009
Over $50,0007

Construct an ogive that will help you answer these questions.

  1. (a) About what proportion of the salespeople earns more than $25,000?
  2. About what does the “middle” salesperson in the sample earn?
  3. Approximately how much could a real estate salesperson whose performance was about 25 percent from the top expect to earn annually?

Solutions

Solution is absolutely free. Just take a screenshot and send me

Are you need any help? Contact Us now.

Latest Articles

« »