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:

Income Tax Rate

The percentage at which an individual or corporation is taxed on their income.

Return on Equity

A measure of the profitability of a business in relation to the equity, indicating how effectively equity is used to generate profits.

Total Stockholders' Equity

The total amount of funds contributed by investors and the accumulated earnings of a company, less any dividends paid.

Net Operating Income

A financial metric that calculates a company's profitability by subtracting operating expenses from operating revenues.