The Grade Point Averages for 40 Evening Students Are Listed

question 50

Essay

The grade point averages for 40 evening students are listed below. Construct a relative frequency ogive usingeight classes. $$\begin{array} { l l l l l l l l l l } 2.0 & 3.2 & 1.8 & 2.9 & 0.9 & 4.0 & 3.3 & 2.9 & 3.6 & 0.8 \\3.1 & 2.4 & 2.4 & 2.3 & 1.6 & 1.6 & 4.0 & 3.1 & 3.2 & 1.8 \\2.2 & 2.2 & 1.7 & 0.5 & 3.6 & 3.4 & 1.9 & 2.0 & 3.0 & 1.1 \\3.0 & 4.0 & 4.0 & 2.1 & 1.9 & 1.1 & 0.5 & 3.2 & 3.0 & 2.2\end{array}$$

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Definitions:

Real Price

The price of a good or service adjusted for inflation, reflecting its purchasing power over time.

Real Return

Simple (or nominal) return on an asset, less the rate of inflation.

Nominal Return

The rate of return on an investment without adjusting for inflation, representing the raw financial gain or loss.

Inflation Rate

The percentage rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.