If a Data Set Has 'C' Number of Observations, the Relative

question 102

Multiple Choice

If a data set has 'c' number of observations, the relative frequency of category 'l' is computed as .

• A) frequency of category 'l') / 'c'
• B) 'c' × number of observations in category 'l')
• C) sum of all observations in category 'l') / 'c'
• D) sum of 'c' + each observation in category 'l')

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Definitions:

Office Furniture

Furniture designed specifically for use in workplace settings, including desks, chairs, filing cabinets, and bookcases.

Double-Declining-Balance

A method of accelerated depreciation in which an asset's book value is reduced by double the rate of its straight-line depreciation.

Crane

A tall machine used for moving heavy objects by suspending them from a projecting arm or beam.

Sum-Of-The-Years-Digits

A depreciation method that accelerates the recognition of expenses by applying a decreasing fraction to the depreciable value each year, based on the sum of the years’ digits.