Question

Use the histogram of investment account values to answer the question. What percentage of investments have a value over $150? 25% 64% 39% 32%

Answer 1

The percentage of investments over $150 is 39%

Total number of investment accounts :

• 2 + 4 + 8 + 5 + 4 = 23

Number of investments over $150 ;

• 5 + 4 = 9

The percentage can be calculated as ;

• Number of investments over $150 / Total number of investments

Now we have ;

• (23 / 150) × 100% = 39.1

Hence, 39% of investments are valued over $150