In the Graph of a Frequency Distribution, the Ordinate Represents

question 51

Multiple Choice

In the graph of a frequency distribution, the ordinate represents

• A) the frequencies of scores.
• B) the values of the variable being measured.
• C) the scores on the vertical axis.
• D) the width of the class intervals.

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Definitions:

Cost Volume Profit Graph

A graphical representation that shows how changes in cost, volume, and profit affect a company's financial situation.

Break-Even Point

The point at which total costs and total revenue are equal, meaning there is no net loss or gain, and the business is not making a profit.

Total Revenue Line

A graphical representation showing how a company's total revenue changes with different levels of output or sales volume.

Cost Volume Profit Model

A managerial accounting technique used to analyze how costs and sales volume affect profit.