TABLE 2-14 Given Below Is the Stem-And-Leaf Display Representing the Amount of Amount

question 87

Short Answer

TABLE 2-14
Given below is the stem-and-leaf display representing the amount of detergent used in gallons (with leaves in 10ths of gallons) in a month by 25 drive-through car wash operations in Phoenix.

-Referring to Table 2-14, if a frequency distribution for the amount of detergent used is constructed, using "9.0 but less than 10.0 gallons" as the first class, the frequency of the "11.0 but less than 12.0 gallons" class would be ________.

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Definitions:

Moving Average

A statistic used in technical analysis showing the average value of a security's price over a set period.

Stock Prices

The current market value of a company’s shares, fluctuating based on supply and demand, news, and investors' perceptions.

Volatile

Describing an asset or market with frequent, significant price changes over a short period.

Kondratieff

A theory proposing that Western capitalist economies have long-term (50 to 60 years) cycles of boom and bust, named after Russian economist Nikolai Kondratiev.