(I a Frequency Table Is a Grouping of Qualitative Data

question 65

Multiple Choice

(i. A frequency table is a grouping of qualitative data into mutually exclusive classes showing the
Number of observations in each class.
(ii. Simple bar charts may be constructed either horizontally or vertically.
(iii) A bar chart is a graphic representation of a frequency table.

• A) (i), (ii) and (iii) are all correct statements.
• B) (i) and, (ii) are correct statements but not (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (ii) and, (iii) are correct statements but not (i).

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Definitions:

Excess Reserves

The funds that banks hold over and above the required minimum set by central banking authorities, often seen as an indicator of the banking system's health.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including both cash and digital money.

Treasury Bonds

Long-term government securities issued by the U.S. Department of the Treasury with the purpose of financing federal debt.

Money Supply

The total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.