Jason Prows' Job This Week Is to Prepare a Spreadsheet

question 19

Multiple Choice

Jason Prows' job this week is to prepare a spreadsheet that shows his company's long-range plans and outlines the expected financial needs for significant purchases such as real estate, manufacturing equipment, plant expansions, and technology. Jason is preparing a(n) ________ budget.

• A)operating
• B)master
• C)capital
• D)tactical

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Definitions:

Relative Frequency Histogram

A type of histogram that displays the relative frequencies (proportions or percentages) of values within a dataset.

Histogram

A graphical representation of the distribution of numerical data, where the data is divided into bins and the frequency of data in each bin is represented by the height of the bar.

Relative Frequency Histogram

A type of histogram where each bar's height represents the proportion of data that falls into each category, compared to the total data set.

Qualitative Data

Data that describes qualities or characteristics that cannot be measured with numbers, often involving categories or descriptions.