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.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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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
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