The Relative Frequency of a Class Is Computed by

question 3

Multiple Choice

The relative frequency of a class is computed by

• A)dividing the cumulative frequency of the class by n
• B)dividing n by cumulative frequency of the class
• C)dividing the frequency of the class by n
• D)dividing the frequency of the class by the number of classes

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Definitions:

Investing Activity

Transactions involving the purchase and sale of long-term assets and other investments not considered as cash equivalents.

Interest

Payment for the use of another person’s money.

Bonds Payable

Bonds payable refers to long-term debt instruments issued by a company to investors, promising to pay back with interest at specified maturity dates.

Operating Activities

Cash flow activities that include the cash effects of transactions that create revenues and expenses and thus enter into the determination of net income.