Below Is a Histogram for the Number of Days That

question 7

Multiple Choice

Below is a histogram for the number of days that it took Wyche Accounting to perform audits in the last quarter of last year. What is the bin size for the histogram? ​ ​

• A)3
• B)4
• C)16

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Definitions:

London Interbank Offer Rate

An interest rate average calculated from estimates submitted by leading banks in London that indicates the rate at which banks lend to one another.

Eurodollar Loans

Financial loans that are denominated in U.S. dollars but are held in banks outside the United States.

Overnight

In financial terms, this refers to transactions that are settled or occur from one business day to the next.

Cross-Rate

The exchange rate between two currencies calculated by using a third currency, typically the US dollar, as a reference point.