The Preschool Children at Elmwood Elementary School Were Asked to Name

question 26

Essay

The preschool children at Elmwood Elementary School were asked to name their favorite color. The results arelisted below. Construct a frequency distribution and a relative frequency distribution. $$\begin{array} { c c c c c } \text { yellow } & \text { yellow } & \text { blue } & \text { purple } & \text { red } \\\text { red } & \text { red } & \text { yellow } & \text { red } & \text { blue } \\\text { red } & \text { blue } & \text { purple } & \text { purple } & \text { purple } \\\text { blue } & \text { red } & \text { purple } & \text { red } & \text { green }\end{array}$$

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Definitions:

Equipment Depreciation

The process of allocating the cost of tangible assets over their useful lives, reflecting the wear and tear, or obsolescence of physical equipment.

Machining Activity

The process of removing material from a piece of work through methods like cutting, drilling, or milling.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of resources.

Overhead Cost

Expenses associated with the operation of a business that are not directly tied to a specific product or service.