Consider the Following Frequency Distribution What Is the Cumulative Frequency of the Second Class Interval

question 57

Multiple Choice

Consider the following frequency distribution: $$\begin{array} { l c } \text { Class Interval } & \text { Frequency } \\100 \text {-under } 200 & 25 \\200 \text {-under } 300 & 45 \\300 \text {-under } 400 & 30\end{array}$$
What is the cumulative frequency of the second class interval?

• A)25
• B)45
• C)70
• D)100
• E)250

---

Definitions:

Fixed Costs

Costs that do not change with the level of output or sales, such as rent or salaries.

Variable Costs

Costs that change in proportion to the level of production or business activity, such as materials and labor expenses.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating a company's fixed versus variable costs ratio.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.