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Sturges' guideline suggests that when constructing a frequency distribution, the ideal number of classes can be approximated by 1 + (log n) /(log 2) , where n is the number of data values. Use this guideline to find the ideal
Number of classes when the number of data values is 148.
Fiat Money
Legal tender authorized by governmental entities, which is not underpinned by any material goods.
Fiat Money
Currency without intrinsic value that is established as legal tender by government regulation.
Subprime Mortgage Market
The market for loans to borrowers with lower credit ratings, implying higher risk for lenders and typically resulting in higher interest rates.
Recession of 2001
A brief economic downturn in the United States that began in March 2001 and ended in November 2001, marked by the bursting of the dot-com bubble.
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