PLEASE HELP 30 points Type the correct answer in each box. Use numerals instead of words.
In a survey at an investment conference, attendees were asked to identify themselves as savers or spenders. A saver tends to save more
money and keeps track of his spending while a spender tends to spend more money and has difficulty saving. Attendees were also asked
whether they would like to change or continue their spending practices.
• Of the 120 people who identified themselves as savers, 112 said they would continue being savers. The rest said they would like to be
spenders.
. Of the 140 people who identified themselves as spenders. 78 said they would continue being spenders. The rest said they would like
to be savers
Complete the two-way frequency table for this situation.
Identified As
Saver
Spender
Total
Saver
112
Wants To
Be
Spender
78
Total
120
140
260
Reset
Next

You can solve this problem easily by looking at the total amounts compared to the information you already have. Once you do this, you can simply subtract them from each other to find the first two empty boxes, then you can just add across for the totals for the boxes on the right.

Answer Link

anuksha0456 anuksha0456 · Answer 2 · 2022-07-28T23:30:03+02:00

The complete two-way table looks like:-

. Identified As:

Savers Spenders Total

Savers 112 62 174

Wants to be: Spenders 8 78 86

Total 120 140 260

What is a Two Way Table?

A two-way table displays the frequencies or relative frequencies of two categorical variables. One category is represented by rows, while the other is represented by columns.

How to solve the question?

In the question, we are asked to complete the two-way table as per the given information.

In the first row, second column:

The box needs the data for the number of spenders who want to become savers.

In the provided information, we have been told that of the 140 people who identified themselves as spenders, 78 said they would continue being spenders, while the rest said they would like to be savers.

Thus, the number of spenders who want to be savers = 140 - 78 = 62.

Hence, entry is 62.

In the first row, third column:

The box needs the data for the number of people who now want to continue as savers, or become one.

This can be shown as the sum of the first two readings of the row.

Thus, the total number of people who now want to continue as savers, or become one = 112 + 62 = 174.

Hence, entry is 174.

In the second row, first column:

The box needs the data for the number of savers who want to become spenders.

In the provided information, we have been told that of the 120 people who identified themselves as savers, 112 said they would continue being savers, while the rest said they would like to be spenders..

Thus, the number of savers who want to be spenders = 120 - 112 = 8.

Hence, entry is 8.

In the second row, third column:

The box needs the data for the number of people who now want to continue as spenders, or become one.

This can be shown as the sum of the first two readings of the row.

Thus, the total number of people who now want to continue as spenders, or become one = 8 + 78 = 86.

Hence, entry is 86

Thus, the complete two-way table looks like:-

. Identified As:

Savers Spenders Total

Savers 112 62 174

Wants to be: Spenders 8 78 86

Total 120 140 260

Learn more about two-way tables at

https://brainly.com/question/16148316

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