Consider the Relative Frequency Distribution Given Below There Were 60 Numbers in the Data Set

question 61

Multiple Choice

Consider the relative frequency distribution given below:
$$\begin{array} { l c } \text { Class Interval } & \text { Relative Frequency } \\\text { 20-under } 40 & 0.2 \\40 \text {-under } 60 & 0.3 \\60 \text {-under } 80 & 0.4 \\\text { 80-under } 100 & 0.1\end{array}$$
There were 60 numbers in the data set.How many of the number were less than 80?

• A)90
• B)80
• C)0.9
• D)54
• E)100

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Definitions:

Revenue

Revenue generated by a corporation through its commercial operations, usually from offering products and services to its clientele.

Net Income

The company’s earnings remaining after total revenue has been adjusted for expenses, taxes, and other charges.

Liabilities

The financial obligations or debts a company owes to others.

Owner's Equity

The residual interest in the assets of a entity after deducting liabilities, representing what the owners own outright.