If There Are 120 Values in a Data Set, How

question 55

Multiple Choice

If there are 120 values in a data set, how many classes should be created for a frequency histogram?

• A) 4
• B) 5
• C) 6
• D) 7
• E) 8

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Definitions:

Interested

Exhibiting curiosity or concern about something or someone, showing a desire to be involved with or learn more about the object of interest.

Perfectly Rational

A theoretical state in decision-making where an individual makes decisions that lead to the optimal outcome, based entirely on logical reasoning.

Economic Persons

A theoretical concept suggesting that individuals act out of self-interest, making rational decisions to achieve the greatest personal benefit.

Perfectly Rational

A theoretical concept where individuals make decisions with complete logic, maximizing utility.