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The Frequency Distribution Below Summarizes the Home Sale Prices in the City

question 10

Essay

The frequency distribution below summarizes the home sale prices in the city of Summerhill for the month of June. Determine the class width, class midpoint, and the class boundaries
for the class 235.0-265.9.
 Sale Price (in thousand S)  Frequency 80.0110.92111.0141.95142.0172.97173.0203.910204.0234.93235.0265.91\begin{array} { c | c } \text { Sale Price (in thousand S) } & \text { Frequency } \\\hline 80.0 - 110.9 & 2 \\111.0 - 141.9 & 5 \\142.0 - 172.9 & 7 \\173.0 - 203.9 & 10 \\204.0 - 234.9 & 3 \\235.0 - 265.9 & 1\end{array}

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Definitions:

Consolidation Procedures

Accounting processes used to combine the financial statements of a parent company with its subsidiaries, presenting the group as a single economic entity.

100%-Owned Subsidiaries

Companies completely owned by another company, allowing the parent full control over operations and decisions.

Stockholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders.

Current Rate Method

A method of foreign currency translation where all financial statement line items are translated at the current exchange rate at the date of the balance sheet.

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