The Histogram Below Represents the Number of Television Sets Per

question 108

Multiple Choice

The histogram below represents the number of television sets per household for a sample of U.S. households. What is the sample size?

• A) 100
• B) 5
• C) 90
• D) 50

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Definitions:

Income Statement

An account that displays the earnings, costs, and overall profit of a business for a given period.

Margin Of Safety

The difference between actual sales and break-even sales, indicating the cushion a company has before it incurs a loss.

Contribution Format

A type of income statement where costs are divided into variable and fixed, highlighting the contribution margin.

Income Statement

A financial report detailing a company's incomes, costs, and net earnings during a defined timeframe.