Which of the Following Best Describes a Relative Class Frequency

question 74

Multiple Choice

Which of the following best describes a relative class frequency?

• A) It is the number of observations that falls into a given class in a frequency distribution.
• B) It is the proportion of all observations that falls into a given class in a frequency distribution.
• C) It is the difference between the numerical lower and upper limit of a class of quantitative data.
• D) It is the number of observations that falls into the smallest class in a frequency distribution.
• E) None of these.

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Definitions:

Indirect Method

A cash flow statement approach that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.

Operating Activities

Activities directly related to the operation of the business, including cash flows from operations, investing, and financial activities.

Direct Method

A cash flow statement preparation approach that shows the specific cash inflows and outflows associated with the operating activities.

Cash Received

The actual cash gathered by a company from its various activities, including sales, financing, or investing, during a particular period.