Imagine One of Your Colleagues Is Constructing a Histogram to Graph

question 63

Multiple Choice

Imagine one of your colleagues is constructing a histogram to graph results of data collected on respondent's occupational prestige score,a score which can take on any non-zero value.What should be your first response upon reviewing the work?

• A)To note whether the "slices" of the pie sum to 100%
• B)To suggest that he or she has in fact used an inappropriate graphic device
• C)To ensure that the frequencies at each time point sum to N
• D)To check whether the bars representing the categories are contiguous as they should be

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Definitions:

Capital Expenditures Budget

The Capital Expenditures Budget is a plan for the funds to be spent on long-term assets that will have a useful life beyond the current fiscal year, such as buildings, equipment, or vehicles.

Plant Assets

Long-term tangible assets used in the operation of a business that are not intended for resale.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to manage liquidity.

Capital Expenditures Budget

A plan that details a company's projected spending on long-term assets, such as property, plant, and equipment, which are expected to provide benefits over multiple years.