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 _____________.

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 _____________.

Quizplus · Accepted Answer

To find the percentage of sales transactions that were at least $100 each on Saturday, we need to look at the cumulative frequency ogive for the $100 value and read the corresponding percentage from the vertical axis. From the graph, we can see that the cumulative frequency at $100 is approximately 80. Thus, the percentage of sales transactions on Saturday that were at least $100 each was 80%. Therefore, the best choice is C.

Each Day,the Office Staff at Oasis Quick Shop Prepares a Frequency