Construct Frequency Polygons
-The Grade Point Averages for 40 Evening

question 76

Short Answer

Construct Frequency Polygons
-The grade point averages for 40 evening students are listed below. Construct a frequency polygon using eight classes. $$\begin{array} { l l l l l l l l l l } 2.0 & 3.2 & 1.8 & 2.9 & 0.9 & 4.0 & 3.3 & 2.9 & 3.6 & 0.8 \\3.1 & 2.4 & 2.4 & 2.3 & 1.6 & 1.6 & 4.0 & 3.1 & 3.2 & 1.8 \\2.2 & 2.2 & 1.7 & 0.5 & 3.6 & 3.4 & 1.9 & 2.0 & 3.0 & 1.1 \\3.0 & 4.0 & 4.0 & 2.1 & 1.9 & 1.1 & 0.5 & 3.2 & 3.0 & 2.2\end{array}$$

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Definitions:

Break Even

The point at which total revenue equals total costs, making a business neither profitable nor unprofitable at this juncture.

Cost Curves

Graphical representations of the costs associated with producing different levels of output, aiding in economic and business decision-making.

Profit Or Loss

The financial result of a business's operations, calculated as total revenues minus total expenses.

Cost Curves

Graphical representations that show how the cost of producing a good or service varies with the quantity produced.