(Use the information below for the next two questions.)
A major car manufacturer was interested in whether its midsize car was selling consistently in two markets with respect to the annual income of the car purchasers. 500 new car buyers in Chicago and Miami were surveyed. In Chicago the following pattern was observed:
< $20,000 5%
$20,000-$29,999 20%
$30,000-$39,999 40%
$40,000-$49,999 30%
≥ $50,000 5%
Among those surveyed in Miami, 20 earned under $20,000; 70 earned between $20,000 and $30,000; 265 earned between $30,000 and $40,000; 125 earned between $40,000 and $50,000; and 20 earned more than $50,000.
-Using the data provided, the calculated value of =
A) 0.883.
B) 36.3.
C) 11.95.
D) -0.542.
E) not enough information is provided to calculate the value.
Correct Answer:
Verified
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