A Survey Was Taken on How Much Trust People Place $M$

question 67

Multiple Choice

A survey was taken on how much trust people place in the information they read on the Ir Construct a categorical frequency distribution for the data. A trust in all that they read, $M$ trust in most of what they read, $\mathrm{H} \quad$ trust in about one-half of what they read, $\mathrm{S}$ trust in a small portion of what they read.

$\begin{array}{llllllllll}\mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{S} \\\mathrm{H} & \mathrm{A} & \mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{H} & \mathrm{M} \\\mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{M} & \mathrm{M} & \mathrm{S} & \mathrm{M} & \mathrm{M} & \mathrm{A} & \mathrm{S} \\\mathrm{M} & \mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{M} & \mathrm{S} & \mathrm{H} & \mathrm{M} & \mathrm{M} & \mathrm{M}\end{array}$

• A)
• \(\begin{array}{c|c}
• \text { Class } & \text { Frequency } \\
• \hline \mathrm{A} & 2 \\
• \mathrm{M} & 22 \\
• \mathrm{H} & 12 \\
• \mathrm{~S} & 4
• \end{array}\)
• B)
• \(\begin{array}{c|c}
• \text { Class } & \text { Frequency } \\
• \hline \mathrm{A} & 2 \\
• \mathrm{M} & 24 \\
• \mathrm{H} & 10 \\
• \mathrm{~S} & 4
• \end{array}\)
• C)
• \(\begin{array}{c|c|c}
• \text { Class } & \text { Freq } & \text { Percent } \\
• \hline \mathrm{A} & 2 & 5 \% \\
• \mathrm{M} & 22 & 55 \% \\
• \mathrm{H} & 12 & 30 \% \\
• \mathrm{~S} & \underline{4} & \underline{10 \%} \\
• & 40 & 100 \%
• \end{array}\)
• D)
• \(\begin{array}{c|c|c}
• \text { Class } & \text { Freq } & \text { Percent } \\
• \hline \mathrm{A} & 2 & 5 \% \\
• \mathrm{M} & 24 & 60 \% \\
• \mathrm{H} & 10 & 25 \% \\
• \mathrm{~S} & \underline{4} & \underline{10 \%} \\
• & 40 & 100 \%
• \end{array}\)
• nternet.

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Definitions:

Indemnification

The process by which one party agrees to compensate another for any loss or damage that has occurred or may occur.

Fraud

A wrongful statement, action, or concealment pertinent to the subject matter of a contract knowingly made to damage the other party.

Record of Transactions

A detailed log or document that keeps track of all the transactions made within a certain period.

Market Value

The estimated amount for which a property or asset would exchange on the date of valuation between a willing buyer and a willing seller.