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A local investment club that meets monthly has 200 members ranging in age from 27 to 81

Chapter 12, Problem AP4.36

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QUESTION:

A local investment club that meets monthly has 200 members ranging in age from 27 to 81. A cumulative relative frequency graph is shown below. Approximately how many members of the club are more than 60 years of age? AP4

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QUESTION:

A local investment club that meets monthly has 200 members ranging in age from 27 to 81. A cumulative relative frequency graph is shown below. Approximately how many members of the club are more than 60 years of age? AP4

ANSWER:

Step 1 of 2

Draw a vertical line at 60 years and draw a horizontal line through the intersection of the vertical line and the orange curve.

We note that the horizontal line intersects the -axis at a cumulative relative frequency of about

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