Relative Frequency Is the Proportion (Or Percent) of Observations Within $$= \frac { \text { sum of all frequencies } } { \text { frequency } } .$$

question 24

True/False

Relative frequency is the proportion (or percent) of observations within a category and is found using the formula: relative frequency $$= \frac { \text { sum of all frequencies } } { \text { frequency } } .$$

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Definitions:

Market Index

A statistical measure that tracks the performance of a group of stocks, representing a portion of the overall market.

Correlation Coefficient

An analytical tool that determines the magnitude of association between the fluctuations of two interrelated variables.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, often used to quantify the volatility of a financial instrument or investment portfolio.

Stock-index Mutual Fund

A mutual fund that mimics the composition and performance of a particular stock market index, allowing investors to invest in the performance of the whole market or specific sectors.