The Relative Frequency for a Particular Category Is the Number

question 13

True/False

The relative frequency for a particular category is the number of times the category appears in the data.

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Definitions:

Output

The quantity of goods or services produced within a given time frame by a firm, sector, or country.

Equilibrium Price

The market value at which there's a perfect match between quantity of goods available and quantity desired by buyers.

Cockatoos

A type of large, often colorful and noisy parrot native to Australia and surrounding islands.

Smuggled

Refers to the act of moving goods illegally into or out of a country, bypassing customs regulations and taxes.