The Following Frequency Distribution Presents the Frequency of Passenger Vehicles

question 11

Multiple Choice

The following frequency distribution presents the frequency of passenger vehicles that pa: through a certain intersection from 8:00 AM to 9:00 AM on a particular day.
$\begin{array}{cc}\hline \text { Vehicle Type } & \text { Frequency } \\\hline \text { Motorcycle } & 9 \\\text { Sedan } & 54 \\\text { SUV } & 27 \\\text { Truck } & 53\end{array}$
Construct a relative frequency bar graph for the data.

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Definitions:

Overhead Costs

Expenses that are not directly tied to production or operations, such as rent, utilities, and management salaries, necessary for running a business.

Standard Costs

An estimated or predetermined cost of performing an operation or producing a good, used in budgeting and pricing.

Benefits to Cost Ratio

The comparison of benefits gained from a particular action or investment to the costs incurred by implementing it, often used to evaluate financial efficiency.

BCR

Benefit-Cost Ratio, a numerical expression comparing the benefits of an action or project to its costs.