If There Are 120 Values in a Data Set, How

question 55

Multiple Choice

If there are 120 values in a data set, how many classes should be created for a frequency histogram?

• A) 4
• B) 5
• C) 6
• D) 7
• E) 8

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Definitions:

Multidomestic Strategy

A corporate strategy that involves a firm offering products or services that are tailored to suit the tastes and preferences of different local markets.

Local Level

Pertaining to a small, specific area, often a community or locality, focusing on localized issues, governance, or initiatives.

Location Economies

The economic benefits that firms gain by performing a particular activity in the optimal location for that activity.

Meganational Strategy

A strategy employed by companies that operate globally, aiming to balance the scale benefits of global operations with the need to adapt to local markets.