Identify the Cumulative Frequency Distribution That Corresponds to the Given

question 25

Multiple Choice

Identify the cumulative frequency distribution that corresponds to the given frequency distribution. $\begin{array}{r|c}\text { Speed } & \begin{array}{c}\text { Number } \\\text { of Cars }\end{array} \\\hline 0-29 & 4 \\30-59 & 16 \\60-89 & 60 \\90-119 & 20\end{array}$

• A)
• \(\begin{array}{r|c}
• & \text { Cumulative } \\
• \text { Speed } & \text { Frequency } \\
• \hline \text { Less than } 30 & 0.04 \\
• \text { Less than } 60 & 0.20 \\
• \text { Less than } 90 & 0.80 \\
• \text { Less than } 120 & 1.00
• \end{array}\)
• B)
• \(\begin{array}{r|c}
• \text { Speed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline \text { Less than } 30 & 4 \\
• \text { Less than } 60 & 20 \\
• \text { Less than 90 } & 80 \\
• \text { Less than } 120 & 100
• \end{array}\)
• C)
• \(\begin{array}{|r|c}
• \text { Speed } & \begin{array}{l}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline 0-29 & 4 \\
• 30-59 & 20 \\
• 60-89 & 80 \\
• 90-119 & 100
• \end{array}\)
• D)
• \(\begin{array}{r|c}
• \text { Speed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline \text { Less than } 30 & 100 \\
• \text { Less than } 60 & 80 \\
• \text { Less than } 90 & 82 \\
• \text { Less than } 120 & 4
• \end{array}\)

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Definitions:

Stock Index Futures

Agreements that require the seller to sell and the buyer to buy a particular stock index at a fixed price and date in the future.

Multiplier

A factor by which an investment increases in value or an economic measurement reflects the impact of a particular action or policy in the broader economy.

Hong Kong Dollars

The official currency of Hong Kong, which is a Special Administrative Region of China.

Futures Price

The agreed-upon price between buyer and seller for the future delivery of an asset, utilized in future contracts.