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:

Call Option

This financial instrument endows the acquirer with the right, without enforcing the responsibility, to buy assets such as stocks, bonds, or commodities at a pre-agreed price during a nominated time interval.

Call Option

A financial contract giving the buyer the right but not the obligation to buy a stock, bond, commodity, or other instrument at a specified price within a specific time period.

Time To Expiration

The duration until the expiry date of a financial instrument, such as an option or futures contract.