Provide an Appropriate Response Describe the Distribution of the Data

question 48

Essay

Provide an appropriate response.
-Consider the frequency distribution below, which has single values as classes: $$\begin{array} { c | c } \text { Value } & \text { Frequency } \\\hline 10 & 1 \\11 & 3 \\12 & 7 \\13 & 18 \\14 & 10 \\15 & 4 \\16 & 2 \\17 & 7 \\18 & 16 \\19 & 10 \\20 & 6 \\21 & 2\end{array}$$
Describe the distribution of the data. Use this frequency distribution to create two new frequency distributions for the data, one with four classes of equal width and one with six classes of equal width. Does the frequency distribution with four classes capture the distribution of the data? Does the frequency distribution with six classes capture the distribution of the data? Explain your thinking.

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Definitions:

Cross Default

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Compliance Default

Compliance default occurs when a party fails to act in accordance with set guidelines, rules, or laws, potentially leading to legal consequences.

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Options granted by a company to its employees as a form of incentive compensation allowing them to buy shares at a specific price for a certain period.

Market Price

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