(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).

---

Definitions:

Investment

The action of dedicating financial resources in expectation of gaining profits or income.

Discounted Payback Period

The time it takes to recoup an investment considering the time value of money, by discounting future cash flows to present value.

Market Value

The immediate cost at which services or assets are exchangeable in a free trading market.

Net Present Value

A financial metric that discounts all expected future cash flows to their present value to assess the viability or profitability of an investment.