Calculate the Number of Classes If There Are 32 Observations

question 1

Multiple Choice

Calculate the number of classes if there are 32 observations in a data set.

• A) 7
• B) 6
• C) 5
• D) 4
• E) 3

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Definitions:

Interest

The cost of borrowing money, usually expressed as a percentage of the amount borrowed, over a specific period of time.

Government

The system or group of people governing an organized community, often a state, including institutions and individuals that hold the authority to make laws and regulations.

Per Stirpes

A legal term describing a method of distributing an estate whereby each branch of the deceased's family receives an equal share of the estate.

Estate

The total of all the assets, properties, and liabilities that a person leaves behind upon death.