Use the Figure Below to Answer the Following Questions

question 37

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.2
-Which point in Figure 19.1.2 indicates that the richest 20 percent of families earn 40 percent of the income?

• A)a
• B)b
• C)c
• D)d
• E)none of the above

---

Definitions:

Game Sales

The total revenue generated from the sale of video games within a specific timeframe.

Weighted Average Model

A mathematical method that calculates the mean of a set of numbers, where some numbers contribute more significantly to the final average due to their respective weights.

Exponential Smoothing Model

A time series forecasting method that applies weighting factors which decrease exponentially to past observations.

Simple Exponential Smoothing

A time series forecasting method for univariate data that uses a weighted average of past observations, with the weights declining exponentially as the observations get older.