a. For each of the five columns of the table, classify the data as either qualitative or quantitative; if quantitative, further classify it as discrete or continuous. Also, identify the variable under consideration in each case. b. b. Obtain frequency and relative-frequency distributions of the citizenship data. c. Construct and interpret a pie chart for the citizenship data using Microsoft Excel OR Minitab. d. Construct and interpret a bar chart for the citizenship data using Microsoft Excel OR Minitab. e. Use limit grouping, with grouping by 10s, to organize the age data into frequency and relative-frequency distributions. f. Obtain stem-and-leaf diagram of the age data. g. Use cutpoint grouping to organize the wealth data into frequency and relative-frequency distributions. Employ a class width of 5 and a first cutpoint www of 20. h. Obtain stem-and-leaf diagram of the wealth data.

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Each year, Forbes magazine publishes a list of the world's richest people. We
constructed a table, based on a 2013 Forbes micle that shows the 25 richest people
in the world, as of March of that year.
Wealth
Rank Name
Age Citizenship ($ billions)
Carlos Slim Helu & family
2
Bill Gates
73
57
77
Mexico
United States
73
67
Amancio Ortega
Warren Buffett
Larry Ellison
Charles Koch
David Koch
3
Spain
United States
57
4
82
53.5
68
United States
United States
United States
43
77
34
73
34
Li Ka-shing
Liliane Bettencourt & family 90
84
Hong Kong
France
31
30
Bernard Arnault & family
Christy Walton & family
Stefan Persson
Michael Bloomberg
10
France
United States
Sweden
29
28.2
64
11
58
12
65
28
13
71
United States
27
14
Jim Walton
Sheldon Adelson
Alice Walton
S. Robson Walton
Karl Albrecht
65
United States
United States
United States
26.7
15
79
26.5
16
63
26.3
17
69
18
Jeff Bezos
Larry Page
Sergey Brin
Mukesh Ambani
United States
93 Germany
United States
United States
26.1
26
25.2
23
19
49
20
40
21
39
United States
India
22.8
22
56
Michele Ferrero & family
24
21.5
20.4
20.3
23
88
Italy
85
Hong Kong
55
Canada
Lee Shau Kee
24
David Thomson & family
20.3
Transcribed Image Text:Each year, Forbes magazine publishes a list of the world's richest people. We constructed a table, based on a 2013 Forbes micle that shows the 25 richest people in the world, as of March of that year. Wealth Rank Name Age Citizenship ($ billions) Carlos Slim Helu & family 2 Bill Gates 73 57 77 Mexico United States 73 67 Amancio Ortega Warren Buffett Larry Ellison Charles Koch David Koch 3 Spain United States 57 4 82 53.5 68 United States United States United States 43 77 34 73 34 Li Ka-shing Liliane Bettencourt & family 90 84 Hong Kong France 31 30 Bernard Arnault & family Christy Walton & family Stefan Persson Michael Bloomberg 10 France United States Sweden 29 28.2 64 11 58 12 65 28 13 71 United States 27 14 Jim Walton Sheldon Adelson Alice Walton S. Robson Walton Karl Albrecht 65 United States United States United States 26.7 15 79 26.5 16 63 26.3 17 69 18 Jeff Bezos Larry Page Sergey Brin Mukesh Ambani United States 93 Germany United States United States 26.1 26 25.2 23 19 49 20 40 21 39 United States India 22.8 22 56 Michele Ferrero & family 24 21.5 20.4 20.3 23 88 Italy 85 Hong Kong 55 Canada Lee Shau Kee 24 David Thomson & family 20.3
a. For each of the five columns of the table, classify the data as either
qualitative or quantitative; if quantitative, further classify it as discrete or
continuous. Also, identify the variable under consideration in each case.
b. b. Obtain frequency and relative-frequency distributions of the citizenship
data.
c. Construct and interpret a pie chart for the citizenship data using Microsoft
Excel OR Minitab.
d. Construct and interpret a bar chart for the citizenship data using Microsoft
Excel OR Minitab.
e. Use limit grouping, with grouping by 10s, to organize the age data into
frequency and relative-frequency distributions.
f. Obtain stem-and-leaf diagram of the age data.
g. Use cutpoint grouping to organize the wealth data into frequency and
relative-frequency distributions. Employ a class width of 5 and a first cutpoint
of 20.
h. Obtain stem-and-leaf diagram of the wealth data.
Transcribed Image Text:a. For each of the five columns of the table, classify the data as either qualitative or quantitative; if quantitative, further classify it as discrete or continuous. Also, identify the variable under consideration in each case. b. b. Obtain frequency and relative-frequency distributions of the citizenship data. c. Construct and interpret a pie chart for the citizenship data using Microsoft Excel OR Minitab. d. Construct and interpret a bar chart for the citizenship data using Microsoft Excel OR Minitab. e. Use limit grouping, with grouping by 10s, to organize the age data into frequency and relative-frequency distributions. f. Obtain stem-and-leaf diagram of the age data. g. Use cutpoint grouping to organize the wealth data into frequency and relative-frequency distributions. Employ a class width of 5 and a first cutpoint of 20. h. Obtain stem-and-leaf diagram of the wealth data.
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