Create and Analyze Relative Frequency Distributions A) 10%
B) 15%
C) 40%
D) 50%
E) 77

question 12

Multiple Choice

Create and analyze relative frequency distributions.
-A restaurant uses comment cards to get feedback from its customers about newly
Added items to the menu. It recently introduced homemade organic veggie burgers.
Customers who tried the new burger were asked if they would order it again. The data
Are summarized in the table below. What percentage of customers would most likely or
Definitely order the veggie burger again? $$\begin{array} { | l | l | } \hline \text { Response } & \text { Frequency } \\\hline \text { Definitely would. } & 10 \\\hline \text { Most likely would. } & 40 \\\hline \text { Maybe } & 12 \\\hline \text { Definitely would not. } & 3 \\\hline\end{array}$$

• A) 10%
• B) 15%
• C) 40%
• D) 50%
• E) 77%

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Definitions:

Year 1

Typically refers to the first year of operation, reporting, or analysis in a specific context.

Absorption Costing

A method of inventory costing in which all costs of production (both variable and fixed) are treated as product costs.

Cost Of Goods Sold

An accounting term representing the direct costs attributable to the production of goods sold by a company, including materials and labor.

Fixed Manufacturing Overhead

Costs in manufacturing that do not vary with the level of production, such as rent, depreciation, and salaries.