In a Study Involving Car Owners, One Question Asked the Owner

question 105

True/False

In a study involving car owners, one question asked the owner for the number of miles driven last year. A second question asked the owner for the age of the vehicle. A joint frequency distribution would be useful for determining whether newer cars tend to be driven more miles than older cars.

---

Definitions:

Revenue Test

A criterion or standard used to evaluate whether the revenue generated from a business activity is significant or meets certain thresholds.

Disaggregation

The process of breaking down reported data into more detailed components to provide a deeper understanding or insight into the data set.

Manufacturing Operations

The processes and activities involved in converting raw materials into finished goods, including production planning, assembly, and quality control.

Operating Segments

Parts of an enterprise that engage in business activities from which it may earn revenues and incur expenses, often reported separately in financial disclosures for analysis.