Histograms and Frequency Polygons Are Visual Representations of

question 8

Multiple Choice

Histograms and frequency polygons are visual representations of

• A) frequency distributions.
• B) nominal scales.
• C) inferential statistics.
• D) differential statistics.

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Definitions:

Straight-line Method

A method of calculating depreciation for an asset, spreading the cost evenly over its useful life.

Salvage Value

The calculated remaining value of an asset at the close of its productive life.

Depreciation Expense

An accounting method of allocated the cost of a tangible or physical asset over its useful life, representing how much of the asset's value has been used up.

Total Asset Turnover

A measure assessing the productivity of a company's assets in producing sales revenue.