A Frequency Distribution Is

question 4

Multiple Choice

A frequency distribution is:

• A)a tabular summary of a set of data showing the fraction of items in each of several non-overlapping classes
• B)a graphical form of representing data
• C)a graphical device for presenting qualitative data
• D)a tabular summary of a set of data showing the number of items in each of several non-overlapping classes
• E)none of the above

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Definitions:

Contract Size

Refers to the deliverable quantity of commodities or financial instruments like futures and options contracts specified in the contract terms.

Acceptable Grade

A term that might refer to a minimum satisfactory academic or performance level, but could require more context to define precisely.

Settlement Price

The official price at the close of a trading session on a futures exchange, used for determining margin requirements and the next day's price limits.

Future Contract

A legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specific time in the future, reiterating the concept of futures contracts with a focus on its nature as a legal agreement.