Why is 1/2 and 1/3 similar? Thank you!
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The percent of owns home is 65.51% and percent of rents home is 34.48% if the total number of US households is 116.
<h3>What is percentage?</h3>It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.
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From the table:
Total number of US households = 71+13+5+27 = 116
Owns home = 71+5 = 76
Percent of owns home = (76/116)×100 = 65.51%
Rents home = 13+27 = 40
Percent of rents home = (40/116)×100 = 34.48%
Thus, the percent of owns home is 65.51% and percent of rents home is 34.48% if the total number of US households is 116.
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