Construct the Requested Table A) B) C) D)

question 87

Multiple Choice

Construct the requested table. Round relative frequencies to the nearest hundredth of a percent, unless otherwise indicated.
-The frequency table below shows the distribution of students' scores on an exam. Construct the relative frequency table.
$\begin{array}{r|r}\text { Scores } & \text { Frequency } \\\hline 91-100 & 4 \\81-90 & 6 \\71-80 & 15 \\61-70 & 6 \\60 \text { or less } & 1\end{array}$

• A)
• \(\begin{array} { r | r }
• \text { Scores } & \begin{array} { r }
• \text { Relative } \\
• \text { Frequency }
• \end{array} \\
• \hline 91 - 100 & 15.5 \% \\
• 81 - 90 & 22.1 \% \\
• 71 - 80 & 31.3 \% \\
• 61 - 70 & 16.2 \% \\
• 60 \text { or less } & 14.9 \%
• \end{array}\)
• B)
• \(\begin{array}{r|r}
• \text { Scores } & \begin{array}{r}
• \text { Relative } \\
• \text { Frequency }
• \end{array} \\
• \hline 91-100 & 12.5 \% \\
• 81-90 & 20.1 \% \\
• 71-80 & 37.3 \% \\
• 61-70 & 15.2 \% \\
• 60 \text { or less } & 14.9 \%
• \end{array}\)
• C)
• \(\begin{array} { r | r }
• \text { Scores } & \begin{array} { r }
• \text { Relative } \\
• \text { Frequency }
• \end{array} \\
• \hline 91 - 100 & 0.22 \% \\
• 81 - 90 & 0.09 \% \\
• 71 - 80 & 0.63 \% \\
• 61 - 70 & 0.09 \% \\
• 60 \text { or less } & - 0.03 \%
• \end{array}\)
• D)
• \(\begin{array} { r | r }
• \text { Scores } & \begin{array} { r }
• \text { Relative } \\
• \text { Frequency }
• \end{array} \\
• \hline 91 - 100 & 12.50 \% \\
• 81 - 90 & 18.75 \% \\
• 71 - 80 & 46.88 \% \\
• 61 - 70 & 18.75 \% \\
• 60 \text { or less } & 3.13 \%
• \end{array}\)

Grasp the concept and importance of time deposits in financial institutions.

Recognize the structure and function of the financial system.

Distinguish between types of bonds, focusing on municipal bonds.

Comprehend the process of indirect transfer of funds through banking institutions.

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Definitions:

Resource Consumption

The amount of raw materials, energy, or other resources used by an organization in its operational activities.

Time-Driven

A costing method or approach that allocates costs based on the actual time required to perform a process or activity.

Activity-Based Costing

A pricing strategy that allocates overhead and indirect expenses to associated goods and services in proportion to their use of resources.

Total Minutes

This term often refers to the total amount of time calculated for a particular process, activity, or operational measurement.