The Frequency Distribution Below Summarizes Employee Years of Service for Alph

question 36

Multiple Choice

The frequency distribution below summarizes employee years of service for Alph? Corporation. Find the class midpoint for class 1 -5. $$\begin{array} { c | c } \text { Years of Service } & \text { Frequency } \\\hline 1 - 5 & 5 \\6 - 10 & 20 \\11 - 15 & 25 \\16 - 20 & 10 \\21 - 25 & 5 \\26 - 30 & 3\end{array}$$

• A) 3.5 years
• B) 3.0 years
• C) 5.0 years
• D) 2.5 years

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Definitions:

Unemployment Rate

The statistic representing the percentage of the labor force that is out of work but seeking employment.

World War II

A global conflict lasting from 1939 to 1945, involving most of the world's nations including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Social System

A complex set of human relationships interacting in many ways within a community or society.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.