Bukeav or Business Pesearch 
Univewsirr or likivors=-16 
AVERAGE AVERAGE Averace 
Gong) Wooe] (Move) 
it 
r 
Silo plete eB oe Loi 
EAST MIDDLE WEST WEST SOUTH 
Ratios Lxpressed as Percentages 
Cuarr 1b—FreqQuENcy DistriBUTIONS OF THE REVENUE-TO-ASSETS 
Ratios oF PusLic UriLity CompANIES BY GEOGRAPHICAL 
Districts 
Reference to the chart will show the differences in the outlines of 
the several distributions. In the East there is no such degree of concen- 
tration in one or two groups as in the other districts. As many as 29 
per cent of the cases in the South,® for example, falls in one ratio-group 
(12-15 inclusive); in the East the largest bar measures a ratio-group 
containing only 17.8 per cent of the cases. In the West two groups 
register 26.7 per cent each. Generally speaking the Eastern district 
shows a little more spread of the cases among the ratio-groups, while 
in the other districts the tendency is for the ratios to concentrate more. 
This is again noticed in the spread about the largest group. By 
grouping about 50 per cent of the cases in each district, it will be pos- 
sible to compare the varying range of ratios necessary to embrace one- 
half of the cases. 
TEASE. + iv wiv ions onl o Sire alee wah iote:« 52.7 per cent between ratios of .12 and .24 
Md dle West, eis ates 58.1 per cent between ratios of .08 and .20 
West. ov vvssnnneesadnnsniindee 53.7 per cent between ratios of .04 and .12 
South ae i hs oe 47.3 per cent between ratios of :12.and 1.20 
The East and the Middle West each shows approximately 50 per 
cent of their cases spread over a range of 12 per cent, although both the 
For the South all of the results are less dependable than for the other districts, 
due to the limited number of cases. 
L81]