In the Calculation of a Mean for Grouped Data, ________

question 134

Multiple Choice

In the calculation of a mean for grouped data, ________ are used.

• A) total sample size and sum of the midpoints of each class
• B) total sample size and sum of the weighted midpoints
• C) sum of the frequency of each class and the sum of the midpoints of each class
• D) sum of the frequency of each class and the sample midpoint

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Definitions:

Stock Split

An action taken by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, while keeping the market capitalization the same.

Market Value

The open market value at which a service or asset is available for trading.

Shares Outstanding

The total number of shares of stock that are currently owned by investors, including shares held by institutional investors and restricted shares owned by the company’s insiders.

Reverse Stock Split

A decrease in the number of a corporation's outstanding shares, which increases the share price proportionally.