A Full Service Brokerage Firm Gathered Information on How Their

question 28

Multiple Choice

A full service brokerage firm gathered information on how their clients were investing for retirement.Based on age, clients were categorized according to where the largest
Percentage of their retirement portfolio was invested and shown in the table below. Of the clients who invest in mutual funds, the percentage over age 50 is

• A)53.1% (34/64).
• B)33.3% (34/102).
• C)18.1% (34/188).
• D)34% (64/188).
• E)54.3% (102/188).

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Definitions:

Audiences

Groups of people who gather to watch, listen to, or read something, often targeted by media, performances, or written works.

Planning

A process of envisioning the future for a business, including what one plans to do and how one plans to do it.

Plan

A detailed proposal for doing or achieving something, often involving steps or stages.

Competition

The rivalry between businesses or entities to attract customers, increase sales, and achieve a dominant position in the market.