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Use cutpoint grouping to organize these data into a frequency distribution.
-The table shows the closing share price, in dollars, for each of the 32 stock holdings of a mutual fund.
Construct a frequency distribution for these share prices. Use 10 as the first cutpoint and classes of equal width 10 .
Class Position
An individual's or group's location within a society's stratification system, often determined by wealth, occupation, and education.
Economic Categories
Economic categories are classifications used in economics to organize concepts, items, or subjects based on common characteristics or attributes, such as industry sectors, income levels, or types of goods and services.
New Middle Class
A term that refers to individuals with occupational positions better than blue-collar jobs, including managerial, administrative, and professional roles.
Supervisors And Managers
Individuals in an organization responsible for overseeing and directing the work of others, often with the authority to make decisions and enforce policies.
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