Q1.
The data set contains ____________ loan applicants. The lowest income applicant is listed as being in row
_______ and bin _______ and the actual income listed is _________. Observe the actual income of
_______ lies between the two bin numbers _______ and _______.
Q2.
The percentage of applicants with 6 credit cards is _______. The most frequent number of credit cards is
_______ with _______ percent of applicants having that many credit cards.
Q3.
The number of applicants with 14 years of education is _______ which corresponds to _______ percent of
applicants.
In your own words explain why you believe that only years 12, 14, 16, 18, 20 were given in the responses.
For example, why do you think no one responded 13 years?
Q4.
The percentage of applicants with 4 credit cards in Sample 1 is _______, in Sample 2 is _______, and in the
total applicants was _______.
Q5.
Tally
Employ
Count
Percent
CumPct
1
1
3.33
3.33
2
8
26.67
30.00
3
2
6.67
36.67
4
5
16.67
53.33
5
2
6.67
60.00
6
2
6.67
66.67
7
1
3.33
70.00
8
2
6.67
76.67
9
2
6.67
83.33
10
1
3.33
86.67
11
1
3.33
90.00
12
2
6.67
96.67
14
1
3.33
100.00
N=
30
The number of years employed with the highest frequency is _______, with _______ applicants being
employed for that long. The percentage of applicants who have worked at their job for 6 years or less is
_______.
Q6.
In general as a person’s Income increases their Savings ________________.
In your own words discuss what could explain your answer above.
