For the Following Scores,construct a Grouped Frequency Distribution Table Using

question 46

Essay

For the following scores,construct a grouped frequency distribution table using an interval width of 10 points.Based on the table,what is the shape of the distribution?
30,23,58,28,35,67,74,59,27,42,46,35
51,33,18,33,25,38,48,36,31,39,63,40

Understand the concept of the price mechanism and its role in capitalist economies.

Recognize the significance of capital and its contribution to the standard of living.

Comprehend Adam Smith's theories on self-interest and the invisible hand in economics.

Acknowledge the potential for conflict between efficiency and equity goals within an economic system.

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Definitions:

Tangible Capital Assets

Physical, long-term assets held for business use and not expected to be converted to cash in the short term, such as buildings and machinery.

Business Enterprises

Organizations engaged in industrial, commercial, or professional activities, aiming to generate profits.

Government Transfers

These are inflows of resources from a government without directly related reciprocal transactions, often in the form of grants or subsidies.

Non-Exchange Revenue

revenue received by an entity through means other than the direct exchange of goods or services, such as grants and donations.