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Compared to Underdeveloped Countries,governments in Developed Economies Impose More Procedures

question 52

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Compared to underdeveloped countries,governments in developed economies impose more procedures and a higher total cost for new start-ups.


Definitions:

Approximate Class Width

An estimated value for the range of each category in a frequency distribution.

Frequency Distribution

A summary of how often different values occur within a dataset, often represented in a table or graph.

Quantitative Data

Numerical data that quantifies an object or event, which can then be subjected to statistical analysis.

Range

The difference between the highest and lowest values in a set of data.

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