If the Individual Class Frequency Is Divided by the Total

question 56

True/False

If the individual class frequency is divided by the total frequency, the result is the median frequency.

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Definitions:

Money

A medium of exchange in the form of coins and banknotes; used to purchase goods and services or measure value and wealth.

Revenue

The income that a business earns from its normal business activities, usually from the sale of goods and services to customers.

Income

Money received, especially on a regular basis, for work or through investments.

Goods

Physical items that are produced for sale or use, ranging from commodities and raw materials to finished products.