Identify the Cumulative Frequency Distribution That Corresponds to the Given

question 126

Multiple Choice

Identify the cumulative frequency distribution that corresponds to the given frequency distribution. $$\begin{array} { | r | c | } \hline \text { Speed } & \begin{array} { c } \text { Number } \\\text { of Cars }\end{array} \\\hline 0 - 29 & 4 \\30 - 59 & 16 \\60 - 89 & 60 \\90 - 119 & 20 \\\hline\end{array}$$

• A)
• \(\begin{array}{r|c}
• \text { Speed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline \text { Less than 30 } & 4 \\
• \text { Less than 60 } & 20 \\
• \text { Less than 90 } & 80 \\
• \text { Less than 120 } & 100
• \end{array}\)
• B)
• \(\begin{array}{r|c}
• \text { Cumeed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline \text { Less than } 30 & 100 \\
• \text { Less than } 60 & 80 \\
• \text { Less than } 90 & 82 \\
• \text { Less than } 120 & 4
• \end{array}\)
• C)
• \(\begin{array}{r|c}
• \text { Speed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline-29 & 4 \\
• 30-59 & 20 \\
• 60-89 & 80 \\
• 90-119 & 100
• \end{array}\)
• D)
• \(\begin{array}{r|c}
• \text { Speed } & \begin{array}{c}
• \text { Cumulative } \\
• \text { Frequency }
• \end{array} \\
• \hline \text { Less than 30 } & 0.04 \\
• \text { Less than 60 } & 0.20 \\
• \text { Less than 90 } & 0.80 \\
• \text { Less than } 120 & 1.00 \\
• \hline
• \end{array}\)

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Definitions:

Demand Curve

Illustrates the relationship between the price of a good or service and the quantity demanded by consumers, typically showing a downward slope.

Fringe Firms

Small companies that operate at the edges of a market, often providing alternative or innovative products compared to mainstream companies.

Profit Maximizing

The process or strategy of adjusting production and sales to achieve the highest possible profit.

Marginal Cost

The augmentation in total expenditure resulting from the manufacture of one more unit of a product or service.