The Following Class Intervals for a Frequency Distribution Were Developed

question 23

Multiple Choice

The following class intervals for a frequency distribution were developed to provide information regarding the starting salaries for students graduating from a particular school: $$\begin{array} { l c } \begin{array} { l } \text { Salary } \\\text { (\$1,000s) }\end{array} & \text { Number of Graduates } \\\text { 28-under 31 } & - \\\text { 31-under 35 } & - \\\text { 34-under 37 } & - \\\text { 39-under 40 } & -\end{array}$$
Before data were collected, someone questioned the validity of this arrangement.Which of the following represents a problem with this set of intervals?

• A)There are too many intervals.
• B)The class widths are too small.
• C)Some numbers between 28,000 and 40,000 would fall into two different intervals.
• D)The first and the second interval overlap.
• E)There are too few intervals.

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Definitions:

Changing Market Tastes

Alterations in consumer preferences and desires that occur over time, often influencing product development and marketing strategies.

Abundance of Resources

A situation where there is more than enough resources, such as time, money, and materials, available to meet the needs or objectives of a project or organization.

New Regulations

Refers to recently implemented laws or rules established by governing bodies to impose standards and guide the behavior of individuals or organizations.

Inadequate Research and Development

A situation where insufficient investment or attention is given to research and development efforts, potentially hindering innovation and long-term competitiveness.