The following data set has been adapted from information provided by the IRS in 1985 about the population of "well-to-do" (WTD) individuals in various states. (At the time, a WTD individual was de?ned as someone with gross assets ≥ $500, 000).
State
|
WTD Population
|
California
|
301,500
|
Texas
|
204,800
|
Florida
|
151,800
|
New York
|
110,100
|
Illinois
|
108,000
|
Pennsylvania
|
86,800
|
Ohio
|
52,500
|
New Jersey
|
51,300
|
Iowa
|
50,800
|
Michigan
|
48,100
|
Generate a bar chart for the data in terms of relative frequency. In how many of these 10 states will one ?nd approximately 80% of the listed "well-to-do" individuals?