The Data Should Be Grouped for the Following Data Set

question 2

True/False

The data should be grouped for the following data set: 0,0,0,2,2,1,1,2,2,2,1,0,0,0,0,2,2,1,1,1,2,1,2,2,0,0,1,and 2.

---

Definitions:

Calculating Interest

The process of determining the cost of borrowing money or the earnings from lending money, based on the principal amount, rate, and time period.

Payee

The individual or entity to whom a payment is to be made or who receives the payment in a financial transaction.

Payable

Financial obligations or amounts owed by a company to suppliers or creditors, typically due within a year.