The Following Class Intervals for a Frequency Distribution Were Developed

question 44

Multiple Choice

The following class intervals for a frequency distribution were developed to provide information regarding the starting salaries for students graduating from a particular school: Salary Number of Graduates
($1,000s)
18-under 21 -
21-under 25 -
24-under 27 -
29-under 30 -
Before data was collected, someone questioned the validity of this arrangement.Which of the following represents a problem with this set of intervals?

• A)There are too many intervals.
• B)The class widths are too small.
• C)Some numbers between 18,000 and 30,000 would fall into two different intervals.
• D)The first and the second interval overlap.
• E)There are too few intervals.

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Definitions:

Average Fixed Cost

Fixed production costs (expenses unaffected by output levels) divided over the produced output quantity.

Total Revenue

The overall amount of money generated by a business from its sales activities before any costs or expenses are subtracted.

Flight Attendants

Airline employees responsible for ensuring the safety, security, and comfort of passengers during flight.

Revenues

The entire sum of proceeds a company receives from transactions or services conducted over a specified period.