Get rich quick A survey of 4826 randomly selected young adults (aged 19 to 25) asked, “What do you think the chances are you will have much more than a middle-class income at age 30?" The gender of each respondent was also recorded. Use the information in the two-way table to make a segmented bar chart to show the relationship between gender and opinion about becoming rich.5 Opinion Almost no chance Some chance but probably not A 50-50 chance A good chanco Gender Female Male 96 98 426 286 696 720 Total 194 712 1416
Get rich quick A survey of 4826 randomly selected young adults (aged 19 to 25) asked, “What do you think the chances are you will have much more than a middle-class income at age 30?" The gender of each respondent was also recorded. Use the information in the two-way table to make a segmented bar chart to show the relationship between gender and opinion about becoming rich.5 Opinion Almost no chance Some chance but probably not A 50-50 chance A good chanco Gender Female Male 96 98 426 286 696 720 Total 194 712 1416
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Transcribed Image Text:**Get Rich Quick**
A survey of 4,826 randomly selected young adults, aged 19 to 25, inquired: "What do you think the chances are you will have much more than a middle-class income at age 30?" The gender of each respondent was also recorded. The table below presents the results of the survey, categorized by opinion and gender.
| Opinion | Female | Male | Total |
|----------------------------------------|--------|------|-------|
| Almost no chance | 96 | 98 | 194 |
| Some chance but probably not | 426 | 286 | 712 |
| A 50-50 chance | 696 | 720 | 1416 |
| A good chance | 663 | 758 | 1421 |
| Almost certain | 486 | 597 | 1083 |
| Total | 2367 | 2459 | 4826 |
**Explanation:**
This table provides a breakdown of young adults' opinions on their financial future, specifically relating to exceeding a middle-class income by age 30. The responses are divided by gender, showing both individual and total counts.
- The most common response was "A good chance," with 1,421 respondents believing so.
- "A 50-50 chance" follows closely with 1,416 responses.
- Fewer respondents believe there is "Almost no chance" (194) or "Some chance but probably not" (712).
- "Almost certain" was a strong conviction for 1,083 respondents.
This information can be visualized using a segmented bar chart to illustrate the relationship between gender and opinion on financial prospects, highlighting potential differences or similarities in financial optimism between males and females.
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