Each day, the office staff at Oasis Quick Shop prepares a frequency distribution and an ogive of sales transactions by dollar value of the transactions.Saturday's cumulative frequency ogive follows: The percentage of sales transactions on Saturday that were at least $100 each was ___.
A)100%
B)10%
C)80%
D)20%
E)15%

Question

Each day, the office staff at Oasis Quick Shop prepares a frequency distribution and an ogive of sales transactions by dollar value of the transactions.Saturday's cumulative frequency ogive follows:  The percentage of sales transactions on Saturday that were at least $100 each was ___.
A)100% 
B)10% 
C)80% 
D)20% 
E)15%

Quizplus · Accepted Answer

To find the percentage of sales transactions that were at least $100 each, we need to look at the ogive and see what percentage of transactions fall at or above $100. From the ogive, we can see that the cumulative frequency at $100 is approximately 80%. Therefore, the percentage of sales transactions that were at least $100 each is 80%.

Each Day, the Office Staff at Oasis Quick Shop Prepares