Use the Graph to Answer the Question A) Construct a Relative Frequency Bar Graph of the Data

question 73

Short Answer

Use the graph to answer the question.
-Listed below are the ACT scores of 40 randomly selected students at a major university. $$\begin{array} { l l l l l l l l l l } 18 & 22 & 13 & 15 & 24 & 24 & 20 & 19 & 19 & 12 \\16 & 25 & 14 & 19 & 21 & 23 & 25 & 18 & 18 & 13 \\26 & 26 & 25 & 25 & 19 & 17 & 18 & 15 & 13 & 21 \\19 & 19 & 14 & 24 & 20 & 21 & 23 & 22 & 19 & 17\end{array}$$ a) Construct a relative frequency bar graph of the data, using eight classes. b) If the university wants to accept the top 90% of the applicants, what should the minimum score be c) If the university sets the minimum score at 17, what percent of the applicants will be accepted

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Definitions:

Disaster Bonds

Financial instruments that are issued to provide insurance companies with liquidity in the event of a disaster, transferring the risk to investors.

Natural Disasters

Severe and unexpected natural events that can cause significant damage to life, property, and the environment.

Insurance Companies

Businesses that provide coverage, in the form of compensation resulting from loss, damage, injury, treatment, or hardship in exchange for premium payments.

Required Rate

The minimum annual percentage earned by an investment that will persuade the individual or company to invest.