Burrerin No. 20

Bureau of Business Research
University of Hlinois

D
Ny

LE

3
&

Avaroge
(Mode)
48]

RQ
R
w,
Q

1) 4
nN

%
8
Pre

“ls

s 8 2 4 28 333 38 88
5 8 + 8 & 8 3 ¥ 2 os 8d
Aarios Expressed as Fercenrages

CHART 1A—FREQUENCY DISTRIBUTION OF THE LonG-TerM-DEBT-T0-TOTAL-Equities
 Ratios or Pusric UriLrry COMPANIES. 1015-1924

The approximated modes and the concentration of cases abou
these modes are:

Middle Entire
East West West South U.S.
Modal ratio. ...................... .484 .469 .401 .484 .481
Concentration about the mode....... 37% 529, 349%, 63% 449,
The ranges in the ratios and in the percentages are wide. If the
data for each section of the country are arranged according to the size
of the ratio, the result is as follows:

Middle West. . ....ooviiii iii,
South. .........oviinn... I
East...

Ratio
(Mode)
.401
.469
484
A484

Concentration
About Mode
349,
529,
639%,
379,