A Report in the Des Moines Register Presented on the Percentages

question 7

Essay

A report in the Des Moines Register presented on the percentages of students whoqualify for Free/Reduced lunch programs in the elementary schools in Des Moines,Iowa. These data appear in the table below. (a) Sketch a histogram for these data, using the following class intervals:0 to < 2020 to < 40, etc.(b) Describe the distribution of Free/Reduced eligibility percents, and note anyunusual features.

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Definitions:

Inventory Investment

The net change in physical inventory levels for businesses over a certain period, indicating how much companies are spending to stock goods.

Inventory

The complete quantity of products and materials kept in inventory by a company, meant for sale or to be used in manufacturing.

Interest Rate

The piece of a loan that accumulates interest for the borrower, often specified as a yearly percentage of the loan's existing outstanding balance.

Marginal Efficiency

Marginal efficiency refers to the rate of return or profit expected from an additional unit of investment.