TABLE 2-11 the Ordered Array Below Resulted from Selecting a Sample of Sample

question 40

Short Answer

TABLE 2-11
The ordered array below resulted from selecting a sample of 25 batches of 500 computer chips and determining how many in each batch were defective.

-Referring to Table 2-11, if a frequency distribution for the defects data is constructed, using "0 but less than 5" as the first class, the relative frequency of the "15 but less than 20" class would be ________.

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Definitions:

Cost of Goods Sold

Costs directly connected with the manufacture of goods a company sells, including both materials and workforce expenses.

Beginning Inventory

The value of all the inventory held by a business at the start of an accounting period.

Net Sales

The amount of sales revenue left after deducting sales returns, allowances, and discounts.

Ending Inventory

The total value of all goods still available for sale at the end of an accounting period.