Provide One Example of a Gratuitous Bailment and One Example

question 34

Essay

Provide one example of a gratuitous bailment and one example of a bailment for value.

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Definitions:

Sample

A portion of the overall population picked for conducting studies or inquiries in order to collect demographic data.

Frequency Polygon

A graphical representation of the distribution of a dataset that shows how often each value occurs, connecting each data point by straight lines.

Frequency Distribution

A summarization of data by reporting the number of observations that fall within each range or bin of values for a specific variable.

Pie Graph

A circular chart divided into sectors, each sector shows the relative size of each value to the total.