Generate a bar chart for the data in terms of relative


The following data set has been  adapted from information provided by the IRS in 1985 about the population of "well-to-do" (WTD) individuals in various states. (At the time, a WTD individual was de?ned as someone with gross assets ≥ $500000).

State

WTD Population

California

301,500

Texas

204,800

Florida

151,800

New York

110,100

Illinois

108,000

Pennsylvania

86,800

Ohio

52,500

New Jersey

51,300

Iowa

50,800

Michigan

48,100

Generate a bar chart for the data in terms of relative frequency. In how many of these 10 states will one ?nd approximately 80% of the listed "well-to-do" individuals?

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Accounting Basics: Generate a bar chart for the data in terms of relative
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