In analyzing the chart, what is the relationship between fees and dollar advanced? What do you think that payday lenders base th
1 answer:
Using the information on the chart, there exists a direct proportional relationship between <em>fee and dollar advanced. </em>
- From the bar graph, Fee and dollar advanced are represented by the green and brown bars.
- Looking closely, the <em>green and brown bars</em> are virtually the same for each of the different number of transactions recorded.
- The percentage value of fee, and share of dollar advanced have almost the same percentage in each group.
Therefore, <em>Fee and share of dollar</em> advanced are directly proportional based on the display produced by the bar chart.
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