(I a Table Showing the Number of Observations That Have

question 72

Multiple Choice

(i. A table showing the number of observations that have been grouped into each of several classes
Is called a frequency distribution.
(ii. When classes in a frequency table are constructed so that data will fit into only one category, it is
Called mutually exclusive.
(iii) The best means to display data that is based on a trend over a period of time is the polygon.

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

---

Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations, calculated as earnings before interest and taxes divided by interest expenses.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to net profit or loss.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.

Net Income

The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue.