Histograms and Line Charts or Frequency Polygons Are Used with Data

question 24

Multiple Choice

Histograms and line charts or frequency polygons are used with data measured at the________.

• A) nominal level.
• B) ordinal level.
• C) interval-ratio level.
• D) any level.

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Definitions:

Premium

In insurance law, the price paid by the insured for insurance protection for a specified period of time.

Fire Insurance Policy

A contract that provides compensation for damage or loss caused by fire to properties, subject to terms and conditions of the policy.

Ambiguous Clause

A provision in a contract or legal document that is unclear and open to multiple interpretations.

Liability

A financial obligation or responsibility that an individual or entity owes to another.