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
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Chapter10: Statistics
Section10.6: Summarizing Categorical Data
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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
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: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.
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
...
dit card worldwide is Visa, followed by Mastercard and UnionPay.
dit card worldwide is Discover, followed by JCB and American Express.
edit card worldwide is Visa, followed by Mastercard and American Express.
-
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.
th
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 ... dit card worldwide is Visa, followed by Mastercard and UnionPay. dit card worldwide is Discover, followed by JCB and American Express. edit card worldwide is Visa, followed by Mastercard and American Express. - 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. th
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