Equal- Size Classes Refer to Classes for a Frequency Distribution

question 7

True/False

Equal- size classes refer to classes for a frequency distribution using grouped quantitative data that do not overlap.

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Definitions:

Economists

Professionals who study, develop, and apply theories and concepts from economics to understand how individuals, businesses, and societies allocate resources.

Offshoring

The relocation of a company's business process, such as manufacturing or services, from one country to another, often to exploit lower labor costs.

U.S. Economy

The economic system of the United States, characterized by a mixed economy with both private enterprise and government intervention.

Open Economy

An economy that engages in international exchange of goods, services, and capital.