0.40 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00 O 10 20 30 40 50 Adjusted gross income ($1000s) Re lative freque ncy

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Adjusted Gross Incomes. The Internal Revenue Service (IRS) publishes data on adjusted gross incomes in Statistics of Income, Individual Income Tax Returns. The following relativefrequency histogram shows one year’s individual income tax returns for adjusted gross incomes of less than $50,000.

Use the histogram and the fact that adjusted gross incomes are expressed to the nearest whole dollar to answer each of the following questions.

a. Approximately what percentage of the individual income tax returns had an adjusted gross income between $10,000 and $19,999, inclusive?

b. Approximately what percentage had an adjusted gross income of less than $30,000?

c. The IRS reported that 89,928,000 individual income tax returns had an adjusted gross income of less than $50,000. Approximately how many had an adjusted gross income between $30,000 and $49,999, inclusive?

0.40
0.35
0.30
0.25
0.20
0.15
0.10
0.05
0.00
O 10 20 30 40 50
Adjusted gross income
($1000s)
Re lative freque ncy
Transcribed Image Text:0.40 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0.00 O 10 20 30 40 50 Adjusted gross income ($1000s) Re lative freque ncy
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