Use a pie chart to display the data, which represent the numbers of student loan borrowers (in millions) by balance owed in a recent quarter. Describe any patterns.$1 to $10,000$25,001 to $50,00015.4$10,001 to $25,000 12.8 모9.4$50,001+6.6Which pie chart below displays the data?O A.Ов.$1 to $10.000$1 to $10,000$10,001 to $25,000$10,001 to $25,000O $25,001 to $50,000O $25,001 to $50,000O $50,001+O $50,001+Oc.O D.$1 to $10,000$1 to $10,000$10,001 to $25,000$10,001 to $25,000O $25,001 to $50,000O $25,001 to $50,000O $50,001+O $50,001+What best describes the data?O A. Most student loan balances are $25,001 or more.O B. Most student loan balances are $25,000 or less.O C. Most student loan balances are $50,001 or more.O D. Most student loan balances are between $25,001 and $50,000.

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Description: Use a pie chart to display the data, which represent the numbers of student loan borrowers (in millions) by balance owed in a recent quarter. Describe any patterns.$1 to $10,000$25,001 to $50,00015.4$10,001 to $25,000 12.8 모9.4$50,001+6.6Which pie c

Introduction: The given data is a frequency data for a categorical variable, where the categories…

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Use a pie chart to display the data, which represent the numbers of student loan borrowers (in millions) by balance owed in a recent quarter. Describe any patterns. $1 to $10,000 $25,001 to $50,000 9.4 15.4 $10,001 to $25,000 12.8 D $50,001+ 6.6 Which pie chart below displays the data? O A. OB. $1 to $10,000 | $1 to $10,000 $10,001 to $25,000 $10,001 to $25,000 O $25,001 to $50,000 O $25,001 to $50,000 O $50,001+ O $50,001+ Oc. OD. I$1 to $10,000 $1 to $10,000 $10,001 to $25,000 $10,001 to $25,000 O $25,001 to $50,000 O $25,001 to $50,000 O $50,001+ O $50,001+ What best describes the data? O A. Most student loan balances are $25,001 or more. O B. Most student loan balances are $25,000 or less. C. Most student loan balances are $50,001 or more. O D. Most student loan balances are between $25,001 and $50,000.

Use a pie chart to display the data, which represent the numbers of student loan borrowers (in millions) by balance owed in a recent quarter. Describe any patterns. $1 to $10,000 $25,001 to $50,000 9.4 15.4 $10,001 to $25,000 12.8 D $50,001+ 6.6 Which pie chart below displays the data? O A. OB. $1 to $10,000 | $1 to $10,000 $10,001 to $25,000 $10,001 to $25,000 O $25,001 to $50,000 O $25,001 to $50,000 O $50,001+ O $50,001+ Oc. OD. I$1 to $10,000 $1 to $10,000 $10,001 to $25,000 $10,001 to $25,000 O $25,001 to $50,000 O $25,001 to $50,000 O $50,001+ O $50,001+ What best describes the data? O A. Most student loan balances are $25,001 or more. O B. Most student loan balances are $25,000 or less. C. Most student loan balances are $50,001 or more. O D. Most student loan balances are between $25,001 and $50,000.

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Concept explainers

Inverse Normal Distribution

The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.

Mean, Median, Mode

It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.

Z-Scores

A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.

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Question

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Use a pie chart to display the data, which represent the numbers of student loan borrowers (in millions) by balance owed in a recent quarter. Describe any patterns.
$1 to $10,000
$25,001 to $50,000
15.4
$10,001 to $25,000 12.8 모
9.4
$50,001+
6.6
Which pie chart below displays the data?
O A.
Ов.
$1 to $10.000
$1 to $10,000
$10,001 to $25,000
$10,001 to $25,000
O $25,001 to $50,000
O $25,001 to $50,000
O $50,001+
O $50,001+
Oc.
O D.
$1 to $10,000
$1 to $10,000
$10,001 to $25,000
$10,001 to $25,000
O $25,001 to $50,000
O $25,001 to $50,000
O $50,001+
O $50,001+
What best describes the data?
O A. Most student loan balances are $25,001 or more.
O B. Most student loan balances are $25,000 or less.
O C. Most student loan balances are $50,001 or more.
O D. Most student loan balances are between $25,001 and $50,000.

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