The Frequency Distribution Below Summarizes the Home Sale Prices in the City

question 40

Multiple Choice

The frequency distribution below summarizes the home sale prices in the city of Summerhill for the month of June. Find the class boundaries for class 80.0-110.9.
$$\begin{array} { c | c } \text { (Sale price in thousand \$) } & \text { Frequency } \\\hline 80.0 - 110.9 & 2 \\111.0 - 141.9 & 5 \\142.0 - 172.9 & 7 \\173.0 - 203.9 & 10 \\204.0 - 234.9 & 3 \\235.0 - 265.9 & 1\end{array}$$

• A) 79.90, 111.0
• B) 79.95, 110.95
• C) 80.00, 110.95
• D) 79.90, 110.95

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Definitions:

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A phase in the product life cycle characterized by a slowdown in sales growth as the product reaches widespread acceptance and faces increased competition.

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The stages a product goes through from its introduction to the market, growth, maturity, and eventual decline.

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