The Mean of Grouped Data Is

question 22

Multiple Choice

The mean of grouped data is:

• A) exactly equal to the midpoint of the interval.
• B) the sum of the frequencies of the intervals.
• C) the sum of the products of the intervals.
• D) a reasonable approximation.

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Definitions:

Wage Rate

An alternative expression for the compensation paid to an employee per unit of time worked, typically measured on an hourly basis.

Employment

The state of having paid work or the act of providing jobs for workers, contributing to an economy's labor force.

Temporary Assistance for Needy Families

A government aid program in the U.S. aimed at aiding low-income families to reach financial independence through monetary support and assistance services.

TANF

Temporary Assistance for Needy Families, a government program that provides financial aid to eligible low-income families.