Techniques to Graphically Represent the Frequency of Scores in a Set

question 88

Multiple Choice

Techniques to graphically represent the frequency of scores in a set of data include

• A) histograms and frequency polygons.
• B) frequency distributions and frequency polygons.
• C) frequency distributions and scatter diagrams.
• D) histograms and scatter diagrams.

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Definitions:

Asset

Resources owned by a company that have economic value and can provide future benefits, such as cash, inventory, and equipment.

Liability

A liability refers to financial obligations or debts that a company owes and is required to repay in the future.

Accounting Equation

The fundamental equation of accounting, Assets = Liabilities + Shareholder's Equity, representing the relationship between a company's resources and claims against those resources.

Supplies

Items that are consumed or used up in the daily operations of a business, like office supplies or manufacturing materials.