Refer to the Following Ages (Rounded to the Nearest Whole

question 62

Multiple Choice

Refer to the following ages (rounded to the nearest whole year) of employees at a large company that were grouped into a distribution with class limits:
20 up to 30
30 up to 40
40 up to 50
50 up to 60
60 up to 70
What is the class interval and the midpoint of the first class?

• A) 20 and 25
• B) 20 and 24.5
• C) 10 and 25
• D) 10 and 24.5
• E) None of the choices are correct

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Definitions:

Construction Contracts

Agreements between a contractor and client for the provision of construction services, detailing the project's scope, terms, and conditions.

Progress Payments

Partial payments made for work completed to date, common in long-term projects to provide cash flow to contractors or suppliers before the final product is delivered.

Contractor

A person or company that undertakes a contract to provide materials or labor to perform a service or do a job.

Billings

The total amount of business conducted or billed to clients over a particular period, often used in professional firms.