If a bar chart shows 60% Category A, 25% Category B, and 15% Category C and the sample size is 200, what are the expected counts for A, B, and C?

Prepare for the PHFO Quantitative Analysis For Business Exam. Study with flashcards, multiple choice questions, hints, and explanations to ensure confidence and success in your exam!

Multiple Choice

If a bar chart shows 60% Category A, 25% Category B, and 15% Category C and the sample size is 200, what are the expected counts for A, B, and C?

Explanation:
Start with the idea of turning category shares into actual counts by using the total sample size. To get expected counts, multiply each percentage by the sample size. With 200 observations: - 60% of 200 is 0.60 × 200 = 120 - 25% of 200 is 0.25 × 200 = 50 - 15% of 200 is 0.15 × 200 = 30 These counts sum to 200, which checks out. So the expected counts are 120 for A, 50 for B, and 30 for C, matching the option that lists 120, 50, 30. Other options would correspond to different proportions and do not fit the given shares.

Start with the idea of turning category shares into actual counts by using the total sample size. To get expected counts, multiply each percentage by the sample size.

With 200 observations:

  • 60% of 200 is 0.60 × 200 = 120

  • 25% of 200 is 0.25 × 200 = 50

  • 15% of 200 is 0.15 × 200 = 30

These counts sum to 200, which checks out. So the expected counts are 120 for A, 50 for B, and 30 for C, matching the option that lists 120, 50, 30. Other options would correspond to different proportions and do not fit the given shares.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy