The Frequency Distribution Below Summarizes the Home Sale Prices in the City

question 23

Multiple Choice

The frequency distribution below summarizes the home sale prices in the city of Summerhill for the month of June. Find the class boundaries for class 80.0-110.9. $$\begin{array} { | c | c | } \hline \text { (Sale price in thousand \$) } & \text { Frequency } \\\hline 80.0 - 110.9 & 2 \\111.0 - 141.9 & 5 \\142.0 - 172.9 & 7 \\173.0 - 203.9 & 10 \\204.0 - 234.9 & 3 \\235.0 - 265.9 & 1 \\\hline\end{array}$$

• A) 79.90, 110.95
• B) 79.95, 110.95
• C) 80.00, 110.95
• D) 79.90, 111.0

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Definitions:

Utility And Usage Revenue Model

A business model where customers pay based on their usage of a service or product, emphasizing the utility value derived from using the product.

Fees

Charges imposed by service providers on consumers for the services offered.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Operating Expenses

Costs associated with the day-to-day operations of a business, including rent, utilities, and payroll.