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As a Graphical Tool,the Histogram Is Ideal for Showing Whether

question 23

True/False

As a graphical tool,the histogram is ideal for showing whether the distribution of a numerical variable is symmetric or skewed.

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Definitions:

Liabilities

Economic obligations or debts that an entity is required to pay to another party.

Owner's Equity

The net assets belonging to shareholders or owners of an entity after liabilities are accounted for, denoting their ownership claim.

Net Income

The company's net income, which is the remainder after deducting all expenses, taxes, and costs from the gross revenue.

Drawings

The act of the business owner taking out money or assets from the enterprise for private use.

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