The Two Histograms Below Display the Exact Same Data

question 27

Multiple Choice

The two histograms below display the exact same data. How do the plots differ?

• A)Histogram (i) uses frequencies to simply count the number of observations at a given value. Histogram (ii) uses relative frequencies to show the proportion of observations at a given value.
• B)Histogram (i) uses relative frequencies to show the proportion of observations at a given value.Histogram (ii) uses frequencies to simply count the number of observations at a given Value.
• C)Histograms (i) and (ii) are exactly the same; there are no differences between the plots.
• D)Histograms (i) and (ii) do not display the same data because the values listed on the y-axis do not match.

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Definitions:

Accounting Information

Financial data and records about a company's transactions, financial performance, and condition.

Unlimited Personal Liability

A legal structure in certain business types where owners are personally responsible for all of the business's debts, without any limit on the amount for which they can be liable.

Corporate Form

A legal structure for businesses that is recognized as a separate entity from its owners, providing limited liability protection.

Limited Liability

This is a legal structure that protects business owners' personal assets from being used to pay off business debts and liabilities.