The number of millionaires Los Angeles should have will be equal to 5,065 millionaires.
Proportion may be defined as part or share of a complete unit compared with respect to the whole unit. A proportion is basically the equality of ratios. Two different ratios can be treated as equals if they are in proportion to each other. Now, the number of millionaires in Los Angeles will be equal to the Proportion of Millionaires in Dubai multiplied by the Population of Los Angeles that is
= 0.00124 × 4,085,014
= 5,065 millionaires
The Data and Calculations will be given as:
City Millionaires Population Proportion
Los Angeles 11,560 4,085,014 0.00283 (11,560/4,085,014)
Casablanca 6,900 3,752,357 0.00184 (6,900/3,752,357)
Berlin 6,750 3,562,038 0.00189 (6,750/3,52,038)
Dubai 3,570 2,878,344 0.00124 (3,570/2,878,344)
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Complete Question:
City Millionaires Population
Los Angeles 11,560 4,085,014
Casablanca 6,900 3,752,357
Berlin
6,750
3,562,038
Dubai
3,570
2,878,344
Consider the chart of Millionaires and Population. If Los Angeles were
proportional to Dubai with respect to population, how many millionaires
should we expect Los Angeles to have? Round your answer to a whole number.