Use the Following to Answer Questions

question 12

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 number of classes for this frequency distribution table is::

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Definitions:

Cost Method

An accounting approach used to value inventory or investments based on the original purchase cost, without adjusting for market changes.

Foreign Exchange Rates

The value at which one currency can be exchanged for another.

Political Conditions

The current state of the government and political climate that can affect economic and business environments.

Economic Conditions

The state of the economy at a given time, including factors like inflation, unemployment rates, and economic growth.