The Following Table Shows the Age Distribution of a Sample

question 72

Short Answer

The following table shows the age distribution of a sample of 180 students at a local college.AGE DISTRIBUTION OF
180 STUDENTS AT A LOCAL COLLEGE
a.Of the students in the sample, what percentage is younger than 20 years of age?
b.What percentage is at least 30 years of age?
c.Based on this sample, what percentage of the students at the college do you estimate to be younger than 25 years of age?

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Definitions:

Good-faith Purchaser

An individual who buys property without knowing of any claims, liens, or encumbrances against it, thereby acquiring clean title.

Voidable

A term applied to a contract that one or both parties have the ability to either withdraw from or enforce.

Good Title

A legal term indicating that a property title is valid and free of any liens or other encumbrances that might hinder its sale or use.

Fair Market Value

The price at which property would sell on the open market between a willing buyer and a willing seller, each having reasonable knowledge of the relevant facts.