Refer to the Graph Shown

question 101

Multiple Choice

Refer to the graph shown. The approximate elasticity of segment AC is:

• A)1/3.
• B)1/2.
• C)2/3.
• D)3/2.

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Definitions:

Relative Frequency

The ratio of the number of times a particular value or event occurs to the total number of occurrences.

Frequency

The number of times an event or data value occurs.

Quantitative Data

Numerical values that indicate how much or how many.

Graphical Presentation

The representation of data in a visual format, such as charts or graphs, to make the data easier to understand and interpret.