For Purposes of Comparison, We Can Convert the Frequency Distribution

question 41

Multiple Choice

For purposes of comparison, we can convert the frequency distribution by dividing the frequency of each value by the total number of observations, which results in the:

• A) comparative distribution
• B) variable distribution
• C) count distribution
• D) percentage distribution
• E) standard distribution

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Definitions:

Quality Control

The process of ensuring that products and services meet the required standards and specifications before they are delivered to the customer.

Compounded Monthly

A calculation method where interest is added to the principal sum at the end of each month, with each successive month earning interest on the new total.

Interest

The cost of borrowing money or the rate paid to savers and investors for their deposited or invested funds.

Purchase Offer

An offer made by a potential buyer detailing the price and terms under which they would buy a property or item.