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SCENARIO 2-11
The ordered array below resulted from selecting a sample of 25 batches of 500 computer chips and determining how many in each batch were defective.
Defects
1 2 4 4 5 5 6 7 9 9 12 12 15
17 20 21 23 23 25 26 27 27 28 29 29
-Referring to Scenario 2-11,construct a relative frequency or percentage distribution for the defects data,using "0 but less than 5" as the first class.
Progressiveness
A political or social philosophy advocating or implementing social reform or new, liberal ideas.
Tax Revenue
The income that is gained by governments through taxation, forming a significant part of their funding for public expenditures.
Elastic Demand
A situation where the quantity demanded of a good or service changes significantly in response to price changes.
Inelastic Supply
A supply condition where quantity supplied does not change significantly when there is a change in price.
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