TABLE 2-8 the Stem-And-Leaf Display Below Contains Data on the Number of Number

question 200

Short Answer

TABLE 2-8
The Stem-and-Leaf display below contains data on the number of months between the date a civil suit is filed and when the case is actually adjudicated for 50 cases heard in superior court.
Note: 1L means the "low teens" - 10, 11, 12, 13, or 14; 1H means the "high teens" - 15, 16, 17, 18, or 19; 2L means the "low twenties" - 20, 21, 22, 23, or 24, etc.
-Referring to Table 2-8, if a frequency distribution with equal sized classes was made from this data, and the first class was "10 but less than 20," the relative frequency of the third class would be ________.

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders, based on a chosen activity base.

Variable Component

A portion of a cost or expense that varies directly with the level of activity or production volume.

Fixed Component

The portion of total costs that remains constant regardless of the level of activity or output.

Variable Overhead Rate

This refers to the rate at which indirect, variable costs accumulate over a given period, often linked to production or activity levels.