When Constructing Frequency Distributions There Must Be 12 Class Intervals

question 23

True/False

When constructing frequency distributions there must be 12 class intervals.

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Definitions:

Transposition Error

A common accounting mistake where numbers are mistakenly reordered, leading to inaccurate data entry.

Trial Balance

A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.

Debit Totals

An aggregate amount of all debits recorded in an accounting period, indicating resources used or expenses.

Credit Totals

The sum of all credit entries made in the accounting ledger, used in balancing the books.