Which of the Following Statements Is False

question 19

Short Answer

Which of the following statements is false? $\begin{array}{|l|l|}\hline A&\text {A frequency distribution counts the number of observations that fall into each of a series }\\&\text {of intervals, called classes that cover the complete range of observations.}\\\hline B&\text {The intervals in a frequency distributi on must not overlap to ensure that each observation }\\&\text {is assigned to an interval. }\\\hline C&\text {Although the frequency distribution provides information about how the numbers in the data }\\&\text { set are distributed, the information is more easily }\\&\text {understood and imparted by drawing a histogram. }\\\hline D&\text { The number of class intervals in a frequency distribution must be}\\&\text { the same as the number of observations.}\\\hline \end{array}$

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Definitions:

Discounted Price

The final price of a product after applying a discount to its original price.

Operating Expenses

The costs associated with running the day-to-day operations of a business, excluding the costs of goods sold.

Profit

The financial gain made in a transaction, calculated by subtracting the total costs from the total revenue.

Sale Price

The ultimate selling price of a product, once all discounts or promotional offers have been taken into account.