Evaluating Location Alternatives by Comparing Their Composite (Weighted-Average) Scores Involves

question 124

Multiple Choice

Evaluating location alternatives by comparing their composite (weighted-average) scores involves

• A) factor-rating analysis
• B) cost-volume analysis
• C) transportation model analysis
• D) linear regression analysis
• E) crossover analysis

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Definitions:

Cumulative Relative Frequency

A statistical measure showing the sum of the relative frequency of all values less than or equal to a specific value, often used to understand the distribution of data points within a dataset.

Percent Frequency Distribution

A tabular summary of data showing the percentage of observations in each of several nonoverlapping classes.

Bar Chart

A graphical device for depicting categorical data that have been summarized in a frequency, relative frequency, or percent frequency distribution.

Pie Chart

A graphical device for presenting data summaries based on subdivision of a circle into sectors that correspond to the relative frequency for each class.