Use the Following to Answer Questions

question 34

Short Answer

Use the following to answer questions :
The following table gives the frequency distribution of the number of telephones owned by a sample of 50 households selected from a city.

-The relative frequency of the second class,rounded to two decimal places,is:

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Definitions:

Equally

In a manner that divides or distributes something in equal portions or shares.

Retiring Partner's Interest

The amount due to a partner who is exiting a partnership, representing their share of the partnership's assets after settling any liabilities.

Liquidating a Partnership

The process of terminating a partnership by selling off assets, paying off creditors, and distributing the remaining assets to partners.

Divide Profits

The process of allocating earnings among shareholders, partners, or other stakeholders according to their ownership interests or agreement terms.