Use the Data Given Below to Answer the Following Question(s)

question 47

Multiple Choice

Use the data given below to answer the following question(s) .
Following is the Sales database of Pointler's Inc., a manufacturer of clothing material. $\begin{array}{|l|l|l|l|l|l|}\hline \begin{array}{l}\text { Item } \\\text { Type }\end{array} & \text { Item } \mathrm{ID} & \text { Region } & \text { Buyer } & \begin{array}{l}\text { Unit } \\\text { Cost } \\(\$) \end{array} & \text { Units } \\\hline \text { Denim } & \text { D101 } & \text { Quintasia } & \text { Peter } & 9.79 & 101 \\\hline \text { Cotton } & \text { C101 } & \text { Prioland } & \text { Kane } & 27.79 & 56 \\\hline \text { Denim } & \text { D102 } & \text { Prioland } & \text { Jones } & 12.79 & 42 \\\hline \text { Leather } & \text { L101 } & \text { Prioland } & \text { Gerry } & 27.79 & 33 \\\hline \text { Denim } & \text { D103 } & \text { Dygertia } & \text { Sarah } & 10.79 & 62 \\\hline \text { Cotton } & \text { C102 } & \text { Quintasia } & \text { Peter } & 12.79 & 66 \\\hline \text { Denim } & \text { D101 } & \text { Prioland } & \text { Audrey } & 9.79 & 81 \\\hline \text { Denim } & \text { D102 } & \text { Prioland } & \text { Jones } & 12.79 & 96 \\\hline \text { Denim } & \text { D101 } & \text { Dygertia } & \text { Thomas } & 9.79 & 38 \\\hline \text { Cotton } & \text { C103 } & \text { Quintasia } & \text { Peter } & 16.79 & 66 \\\hline \text { Denim } & \text { D102 } & \text { Prioland } & \text { Mary } & 12.79 & 96 \\\hline \text { Cotton } & \text { C105 } & \text { Quintasia } & \text { Henry } & 9.79 & 35 \\\hline \text { Cotton } & \text { C101 } & \text { Quintasia } & \text { Philip } & 27.79 & 87 \\\hline \text { Denim } & \text { D102 } & \text { Quintasia } & \text { Peter } & 12.79 & 41 \\\hline \text { Jute } & \text { J101 } & \text { Prioland } & \text { Simson } & 132.8 & \text { 8 } \\\hline \text { Fur } & \text { F101 } & \text { Quintasia } & \text { Peter } & 23.79 & 22 \\\hline \text { Cotton } & \text { C103 } & \text { Prioland } & \text { Mary } & 16.79 & 34 \\\hline \text { Leather } & \text { L102 } & \text { Quintasia } & \text { Peter } & 16.79 & 70 \\\hline \text { Leather } & \text { L101 } & \text { Quintasia } & \text { Philip } & 27.79 & 21 \\\hline \text { Fur } & \text { F102 } & \text { Prioland } & \text { Kane } & 12.79 & 102 \\\hline \text { Denim } & \text { D104 } & \text { Prioland } & \text { Simson } & 9.09 & 73 \\\hline \text { Fur } & \text { F101 } & \text { Quintasia } & \text { Philip } & 23.79 & 80 \\\hline \text { Cotton } & \text { C103 } & \text { Prioland } & \text { Gerry } & 16.79 & 52 \\\hline \text { Cotton } & \text { C104 } & \text { Prioland } & \text { Simson } & 22.8 & 93 \\\hline \text { Cotton } & \text { C101 } & \text { Quintasia } & \text { Peter } & 12.79 & 10 \\\hline\end{array}$
-To construct a frequency distribution for categorical data, the

• A) observations that appear in each category must be summed up.
• B) number of observations that appear in each category must be counted.
• C) observations in each category must be multiplied by observations in the corresponding category.
• D) number of observations in each category must be divided by the total number of observations in all categories.

---

Definitions:

Mortgage

A loan specifically used to purchase real estate, where the property itself serves as collateral for the loan.

Finance Charge

Fees and interest charges associated with the borrowing of money or the extension of credit.

Installments

Periodic payments made towards settling a debt or purchasing a good, spreading out the total cost over a period of time.

Fair Credit Reporting Act

A federal law that regulates the collection, dissemination, and use of consumer credit information to ensure accuracy and privacy.