Exhibit 3-5 You Are Given the Following Frequency Distribution

question 56

Multiple Choice

Exhibit 3-5
You are given the following frequency distribution.
-Refer to Exhibit 3-5. The mean is

• A)500
• B)26.315
• C)30
• D)25

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Definitions:

Bar Graph

Also known as a bar chart, a graphic presentation of statistical information resembling the histogram except that there may not be a numeric scale on the horizontal axis and the bars normally do not touch each other.

Line Graph

A type of graph often used for illustrating data over time.

Histogram

A graphical representation of the distribution of numerical data, using bars of different heights to show frequencies of data within successive intervals.

Quarterly Revenue

The total amount of income generated by a company during a three-month period, typically used to assess financial performance.