In an Operating Lease, the Lessor Bears More Ownership Risk

question 10

True/False

In an operating lease, the lessor bears more ownership risk than a lessor in a financial lease would.

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Definitions:

Relative Frequency Histogram

A type of histogram that displays the relative frequencies, which are the proportions or percentages, of data points in consecutive intervals.

Class Interval

A range of values within which data points in a dataset are grouped for the purposes of frequency distribution.

Frequency Distribution

A summary of how often each value in a set of data occurs.

Relative Frequency Distributions

Statistical tools used to describe the number of times a particular value occurs in relation to the total number of values.