When Is It Helpful to Include Percentages Along with Frequencies

question 9

Multiple Choice

When is it helpful to include percentages along with frequencies in an absolute frequency distribution?

• A) always
• B) when the number of cases is more than 10, but less than 100
• C) when the number of cases is large and an uneven number
• D) never. The frequencies are easily understandable by themselves.

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Definitions:

Comparative Advantage

An economic principle that refers to the ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade.

Geegaws

Small, showy trinkets or novelty items.

Doodads

Informal term for small gadgets or devices, often novel or unnecessary; not a standard economic term.

Pareto Optimal

An economic state where resources are allocated in such a way that it is impossible to make any one individual better off without making at least one individual worse off.