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) The following data represent the living situation of newlyweds in a large metropolitan area and their annual household income. What percent of people who own their own home make between $35,000 and $50,000 per year? Round to the nearest tenth of a percent. SHOW YOUR WORK <$20,000 $20-35,000 $35-50,000 $50-75,000 >$75,000 Own home 31 52 202 355 524 Rent home 67 66 52 23 11 Live w/family 89 69 30 4 2

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Answer:

The required percent of people is 17.4%.

Step-by-step explanation:

Consider the provided table.

We need to find the percent of people who own their own home make between $35,000 and $50,000 per year.

Add the number of people who own their home.

Own home: 31 + 52 + 202 + 355 + 524 = 1164

Now the number of people who own their own home make between $35,000 and $50,000 per year is 202.

[tex]\frac{202}{1164}\times 100\\ 0.17354\times 100\\17.4\%[/tex]

Hence, the required percent of people is 17.4%.

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