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The Suggested Class Interval Based on Number of Observations Given

question 50

Short Answer

The suggested class interval based on number of observations given the data ranges from 100 to 200
with 50 observations is_____ .

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Definitions:

Lean Business Model

Lean Business Model is a strategic approach focused on creating more value for customers with fewer resources, by minimizing waste and optimizing efficiency.

Continuous Operations

The assumption that a business will continue its operations into the foreseeable future, not intending to nor expecting to go bankrupt or to significantly alter its operations.

Just-In-Time

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs.

Fixed Cost

An expense that remains constant regardless of the volume of products or services manufactured or distributed.

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