True or False: the Sum of All the Relative Frequencies

question 64

True/False

True or False: The sum of all the relative frequencies of a distribution will always add up to 1.

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Definitions:

Economic Data

Information concerning the economy of a region or country, including information about production, consumption, employment, inflation, and GDP.

Total Assets

The sum of all resources owned by a company, valued at purchase price, including both current and long-term assets.

Owner's Equity

The residual interest in the assets of a business after deducting its liabilities, essentially the owner's claim on the company's assets.

Receiving A Bill

The process of receiving an invoice from a supplier indicating the amount due for goods or services received.