When Constructing a Frequency Distribution,classes Should Be Selected So That

question 128

True/False

When constructing a frequency distribution,classes should be selected so that they are of equal width.

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Definitions:

Percentage Increase

A measure expressed as a percentage that represents the magnitude of an increase in a value or quantity compared to its original value.

Sales Data

Comprehensive information regarding the sales of products or services within a specific period.

Preceding Year

Refers to the year that immediately comes before the current year in context.

Common-sized Balance Sheet

A balance sheet where each line item is expressed as a percentage of total assets, facilitating comparison across companies and time periods.