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relative and cumulative frequency distribution

For commercial banks in each state, the U.S Federal Deposit Insurance Corporation has listed their total deposits (billions of dollars) as follows.

Deposits Deposits Deposits
AL 62.6 LA 55.2 OH 200.2
AK 6.0 ME 16.7 OK 46.3
AZ 61.8 MD 82.1 OR 39.2
AR 38.7 MA 172.7 PA 210.7
CA 671.1 MI 136.1 RI 19.9
CO 64.5 MN 94.4 SC 48.1
CT 73.8 MS 33.5 SD 53.3
DE 105.8 MO 87.1 TN 90.2
FL 301.0 MT 11.9 TX 310.3
GA 132.0 NE 32.9 UT 102.0
HI 23.1 NV 40.5 VT 9.0
ID 13.8 NH 29.4 VA 147.8
IL 281.9 NJ 211.3 WA 87.4
IN 81.1 NM 18.2 WV 22.7
IA 51.2 NY 637.6 WI 96.1
KS 46.5 NC 163.9 WY 7.9
KY 56.9 ND 11.4
Construct into a relative frequency distribution and a cumulative relative frequency distribution showing "greater than or within" relative frequencies.

Solution Summary

The solution provides step by step method for the calculation of relative frequency distribution . Formula for the calculation and Interpretations of the results are also included.

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