Examining and Interpreting a Statistical Report To help make his case to potential investors in his invention, Martin found a poll conducted by Gallup, a well-known research organization. Take some time to read the report, and then answer the questions to analyze the merits and limitations of this survey.

Part A
The poll report includes a table titled, “Americans Using Cash Now Versus Five Years Ago, by Age.” The age intervals are not equal. Why do you think the Gallup organization chose the age intervals of 23–34, 35–54, and 55+ to display these results?

The Gallup organization chose the age intervals of 23–34, 35–54, and 55+ to display these results due to they wanted to identify the habits about the use of cash in the different stages of a person's life, differentiated by ranges of unequal age.

Application of statistics in the collection of information.

Although the most common case when preparing a frequency table is to develop equal ranges that allow the behavior of the respondents to be identified every certain number of possible values.

Example:

On some occasions, irregular or uneven ranges are used that refer to a specific market stage or niche.

In part A of the exercise, you can clearly identify the three stages of adult life that could change your money-use habits:

As you can see, each of these groups present great differences that, from the point of view of a person interested in investing in their invention, a poll report like this is more attractive to select the niche of potential investors based on the work stage of said person.

By this reason, The Gallup organization chose the age intervals due to their money-habits, depending on the stage of his/her life.

If you want to see another example about poll reports, you can use the next link:

mean, 40.6

step-by-step explanation: