The bar chart we have created will help to answer questions about the patterns in the data, and the comparison of the frequencies of the categories.
Relative Frequency
0.25
0.20
0.15
0.10
0.05
0.00
Real Stocks & Gold Savings Bonds Other
Estate Mutual
Funds
Best Long-Term Investment
â‘
The most common response in the data is Real Estate. The height of the bar for Real Estate in the bar chart is
surveyed responded that Real Estate is the best investment. The second most common response in the data is Stocks and Mutual Funds, at
, which corresponds to a percentage of
% of those
% of respondents.