Displays That Show How the Absolute and Relative Frequencies of Cases

question 17

Multiple Choice

Displays that show how the absolute and relative frequencies of cases per category add up as we go from one category to the next are called:

• A)Absolute frequency distributions.
• B)Relative frequency distributions.
• C)Cumulative frequency distributions.
• D)Grouped frequency distributions.

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Definitions:

Depreciating

Depreciating refers to the reduction in the value of an asset over time due to factors such as wear and tear or obsolescence.

Exports

Goods or services produced in one country and sold to customers in other countries, contributing to a nation's economy.

Imports

Goods or services brought into one country from another for the purpose of trade or sale.

Business Cycle

The cyclical fluctuations in economic activity and growth that an economy experiences over time, typically consisting of expansion, peak, contraction, and trough phases.