The Upper and Lower Limits of Each Class in a Frequency

question 71

True/False

The upper and lower limits of each class in a frequency distribution are also referred to as the data array.

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Definitions:

Gain

The profit realized from the sale of assets or investments for more than their original purchase price.

Sale of Equipment

A transaction involving the disposal of machinery or other equipment used in business operations, typically recorded as a gain or loss.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Intangible Assets

Assets that lack physical substance and represent economic benefits, such as patents, copyrights, and brand recognition.