Straight line depreciation formula
1 answer:
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Answer:
The cumulative frequency plot is also attached below.
Step-by-step explanation:
The data provided is as follows:
Age Group Frequency
0 - 9 34.9
10 - 19 35.7
20 - 29 36.8
30 - 39 38.1
40 - 49 37.8
50 - 59 37.8
60 - 69 34.5
70 - 79 27.2
80 - 89 18.8
90 - 99 7.7
100 - 109 1.7
Consider the Excel output attached.
The cumulative frequency are computed in the Excel sheet.
The cumulative frequency plot is also attached below.
From the cumulative frequency plot it can be seen that in the future most people will belong to a higher age group rather then the lower ones.
