Assignment:
The accompanying table lists a portion of the ages and net worth of the wealthiest people in America; the complete data set can be found on the text website and is labeled Wealthiest Americans
| Name |
Age |
Net Worth ($ billions) |
| William Gates III |
53 |
50 |
| Warren Buffet |
79 |
40 |
| : |
: |
: |
| Philip Knight |
71 |
9.5 |
a. What percent of the wealthiest people in America had net worth more than $20 billion?
b. What percent of the wealthiest people in America had net worth between $10 billion and $20 billion?
c. Construct a stem-and-leaf diagram on age. Comment on the shape of the distribution and how it compares with the one for 2010.
Provide complete and step by step solution for the question and show calculations and use formulas.