The Larger the Number of Observations in a Numerical Data

question 145

True/False

The larger the number of observations in a numerical data set,the larger the number of class intervals needed for a grouped frequency distribution.

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Definitions:

Investee

An entity in which an investor holds a minority stake, without controlling interest.

Decision-making Authority

The power or right to make decisions regarding policies, procedures, or spending in a business or organization.

Agent

A party primarily engaged to act on behalf of and for the benefit of another party or parties (the principal(s)) which therefore does not control the investee when it exercises its decision-making authority.

Variable Returns

Returns from an investment that fluctuate over time due to market conditions or other factors.