The Point Halfway Between the Boundaries of Each Class Interval

question 47

Short Answer

The point halfway between the boundaries of each class interval in a grouped frequency distribution is called the_____ .

---

Definitions:

Customer Refunds Payable

A liability account representing the amount of money owed by a company to customers for returned goods or cancelled services.

Net Income

The total profit of a company after all revenues and expenses, including taxes and interest, have been accounted for.

Statement Of Cash Flows

A summary of the cash receipts and cash payments for a specific period of time, such as a month or a year.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profit or loss.