A Company Collected the Ages from a Random Sample of Its

question 3

Multiple Choice

A company collected the ages from a random sample of its middle managers, with the resulting frequency distribution shown below. What would be the approximate shape of the relative frequency histogram?

• A) symmetrical
• B) uniform
• C) linear
• D) skewed to the left
• E) skewed to the right

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Definitions:

Money Incomes

Refers to the total earnings received by individuals or households in the form of wages, salaries, bonuses, and other monetary benefits.

Goods and Resources

Tangible products that satisfy human wants and the natural, human, and manufactured inputs used to produce goods and services.

Market System

An economic model where the decision-making process regarding investments, production activities, and the distribution of goods adheres to the supply and demand dynamic, with goods and services' pricing governed by a free market mechanism.

Employees

Individuals who work for another person or company in exchange for financial or other compensation.