Consider the Following Frequency Distribution What Is the Midpoint of the First Class?
A)10
B)20

question 87

Multiple Choice

Consider the following frequency distribution: $$\begin{array} { l c } \text { Class Interval } & \text { Frequency } \\10 \text {-under } 20 & 15 \\20 \text {-under } 30 & 25 \\30 \text {-under } 40 & 10\end{array}$$
What is the midpoint of the first class?

• A)10
• B)20
• C)15
• D)30
• E)40

---

Definitions:

Commercial Use

Refers to the use of a product, service, or property in a business or profit-making activity as opposed to personal, non-commercial purposes.

Open-End Credit Plan

A revolving line of credit that allows a borrower to make purchases or obtain loans up to a certain limit and repay part or all of the balance over time, with interest charges on the unpaid balance.

Credit Card Issuer

The financial institution or entity that provides a credit card to consumers, extending credit for purchases and cash advances.

FCRA

Stands for the Fair Credit Reporting Act, a federal law designed to ensure the accuracy, fairness, and privacy of information in consumer credit bureau files.