16. Consider the following data regarding the methods which consumers use to pay for items purchased in a particular sto
Posted: Wed Jul 06, 2022 12:20 pm
16. Consider the following data regarding the methods which consumers use to pay for items purchased in a particular store. Payment Methods Method of Payment Cash Checks General-Purpose Credit Cards Proprietary Credit Cards Debit Cards Relative Frequency 81.1% 7.6% 5.5% 5.3% 0.5% a. Construct a bar chart for the relative frequencies of the various methods of payment. b. Construct a pie chart for the relative frequencies of the various methods of payment. c. Comment on any information about the relative frequencies of the various methods which you were able to ascertain by examining the charts.