The Frequency Table Shows the Weights in Ounces of 30

question 48

Essay

The frequency table shows the weights in ounces of 30 stones. $$\begin{array} { c | c } \text { Weight (oz) } & \text { Number of Stones } \\\hline 1.2 - 1.6 & 3 \\1.7 - 2.1 & 2 \\2.2 - 2.6 & 5 \\2.7 - 3.1 & 6 \\3.2 - 3.6 & 14\end{array}$$ Construct the relative frequency table from the given frequency table.

---

Definitions:

Cash Settlement

The provision of some futures contracts that requires not delivery of the underlying assets but settlement according to the cash value of the asset.

Stock Index Futures

Financial contracts that obligate the buyer to purchase or the seller to sell a stock index at a predetermined price on a specified future date.

Delivery

The process of transporting goods from a seller to the purchaser's designated location, or the act of fulfilling an obligation or promise.

Long Position

A financial strategy where the investor purchases a security with the expectation that its value will rise over time.