The Following Data Set Represents Heather's Average Monthly Charges (In $$\begin{array} { l l l l l l l l l l l l } 105 & 125 & 110 & 98 & 102 & 115 & 110 & 123 & 118 & 101 & 95 & 128\end{array}$$

question 47

Essay

The following data set represents Heather's average monthly charges (in $) for cable TV for the past 12 months. $$\begin{array} { l l l l l l l l l l l l } 105 & 125 & 110 & 98 & 102 & 115 & 110 & 123 & 118 & 101 & 95 & 128\end{array}$$ Construct a frequency distribution with 4 classes. $$\begin{array} { | l | l | } \hline \text { Charges \$ } & \text { Frequency } \\\hline & \\\hline\end{array}$$

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Definitions:

Perfection

The process or action of making something completely free from faults or as close to it as possible.

Secured Party

An individual or institution that holds an interest in a secured asset or collateral to secure repayment of a loan or other credit extension.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.

Perfected Through Possession

A legal status indicating that a party's interest in a piece of property or an asset is fully secured and acknowledged legally because they possess it.