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In General,grouped Frequency Distributions Should Have Between 5 and 15

question 14

True/False

In general,grouped frequency distributions should have between 5 and 15 class intervals.

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Definitions:

Compounded

A method of calculating interest where the earned interest on an investment is added to the principal, and future interest is calculated on the total amount.

Annuity

A fiscal product designed to emit a stable series of disbursements to an individual, chiefly intended as support for retired people's income.

Perpetuity

A type of annuity that pays an infinite series of cash flows, continuing forever.

Constant Rate

A fixed, unchanging rate at which a specific quantity grows or decays over time.

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