interpret the data in the graph Average Income70k60k50k40k30k20k10k0Income of Bank CustomersINNER_CITYIncome of Bank Customers per RegionTOWNRURALRegionSUBURBAN

The above graph is based on the Sub-divided bar diagram. It is one of the types of Bar Diagram that…

Answered: Average Income 70k 60k 50k 40k Income…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

interpret the data in the graph

Average Income
70k
60k
50k
40k
30k
20k
10k
0
Income of Bank Customers
INNER_CITY
Income of Bank Customers per Region
TOWN
RURAL
Region
SUBURBAN

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What can you say about the symmetry and the tightness of the groupings of the data? Write your insights about the data that are visualized in the graph.

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