There are currently six global credit card companies that allow worldwide usage-Visa, Mastercard, American Express, UnionPay, JCB, and Discover. The accompanying table gives a breakdown on the numb of purchase transactions for each company in 2018. Complete parts a through d. Click the icon to view the data on the numbers of transactions. a. One of the worldwide credit card transactions in 2018 is selected at random, and the credit card company is determined. What type of data (quantitative or qualitative) is measured? O Quantitative O Qualitative b. For each credit card company in the table, calculate the percentage of the 2018 worldwide transactions. (Round to two decimal places as needed.) Credit Card Visa Mastercard American Express UnionPay JCB Discover Percentage of Worldwide Transactions % % % % % % c. Use the percentages from part b to construct a relative frequency bar graph for the data summarized in the table. Choose the correct graph below. O Click here to view relative frequency bar graph d. O Click here to view relative frequency bar graph a. O Click here to view relative frequency bar graph b. O Click here to view relative frequency bar graph c. d. Based on the bar graph, make a statement about the most used credit cards worldwide. Choose the correct answer below. O A. The most used credit card worldwide is Visa, followed by Mastercard and UnionPay. B. The most used credit card worldwide is Discover, followed by JCB and American Express.
There are currently six global credit card companies that allow worldwide usage-Visa, Mastercard, American Express, UnionPay, JCB, and Discover. The accompanying table gives a breakdown on the numb of purchase transactions for each company in 2018. Complete parts a through d. Click the icon to view the data on the numbers of transactions. a. One of the worldwide credit card transactions in 2018 is selected at random, and the credit card company is determined. What type of data (quantitative or qualitative) is measured? O Quantitative O Qualitative b. For each credit card company in the table, calculate the percentage of the 2018 worldwide transactions. (Round to two decimal places as needed.) Credit Card Visa Mastercard American Express UnionPay JCB Discover Percentage of Worldwide Transactions % % % % % % c. Use the percentages from part b to construct a relative frequency bar graph for the data summarized in the table. Choose the correct graph below. O Click here to view relative frequency bar graph d. O Click here to view relative frequency bar graph a. O Click here to view relative frequency bar graph b. O Click here to view relative frequency bar graph c. d. Based on the bar graph, make a statement about the most used credit cards worldwide. Choose the correct answer below. O A. The most used credit card worldwide is Visa, followed by Mastercard and UnionPay. B. The most used credit card worldwide is Discover, followed by JCB and American Express.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
There are currently six global credit card companies that allow worldwide usage- Visa, Mastercard, American Express, UnionPay, JCB, and Discover. The accompanying table gives a breakdown on the number
of purchase transactions for each company in 2018. Complete parts a through d
Transcribed Image Text:K
There are currently six global credit card companies that allow worldwide usage-Visa, Mastercard, American Express, UnionPay, JCB, and Discover. The accompanying table gives a breakdown on the number
of purchase transactions for each company in 2018. Complete parts a through d.
Click the icon to view the data on the numbers of transactions.
a. One of the worldwide credit card transactions in 2018 is selected at random, and the credit card company is determined. What type of data (quantitative or qualitative) is measured?
O Quantitative
O Qualitative
b. For each credit card company in the table, calculate the percentage of the 2018 worldwide transactions.
(Round to two decimal places as needed.)
Credit Card
Visa
Mastercard
American Express
UnionPay
JCB
Discover
C
Percentage of Worldwide
Transactions
O
O
%
%
%
%
%
%
c. Use the percentages from part b to construct a relative frequency bar graph for the data summarized in the table. Choose the correct graph below.
O
O
Click here to view relative frequency bar graph d.
Click here to view relative frequency bar graph a.
Click here to view relative frequency bar graph b.
Click here to view relative frequency bar graph c.
d. Based on the bar graph, make a statement about the most used credit cards worldwide. Choose the correct answer below.
OA. The most used credit card worldwide is Visa, followed by Mastercard and UnionPay.
OB. The most used credit card worldwide is Discover, followed by JCB and American Express.
OC. The most used credit card worldwide is Visa, followed by Mastercard and American Express.
Transcribed Image Text:ard transactions in 2018 is selected at random, and the credit card company is determine
y in the
as need
age of
ransact
part b to c
Credit Card Transactions
Credit Card
Visa
Mastercard
American Express
UnionPay
JCB
Discover
Print
Number of Worldwide
Transactions (billions)
147.88
75.81
7.50
58.63
3.39
2.48
Done
...
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dit card worldwide is Discover, followed by JCB and American Express.
edit card worldwide is Visa, followed by Mastercard and American Express.
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X
ve frequer
ve frequer
Live frequency bar graph b.
tive frequency bar graph c.
make a statement about the most used credit cards worldwide. Choose the correct answer below.
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