Optimally, When Choosing a Class Interval, You Should Have Approximately

question 40

Multiple Choice

Optimally, when choosing a class interval, you should have approximately this many intervals covering the entire range of data.

• A)5 to 10
• B)1 to 10
• C)10 to 20
• D)20 to 50

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Definitions:

Annual Financial Advantage

A term referring to the overall financial benefit that an organization or project is expected to generate on a yearly basis.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to covering fixed costs and generating profit.

Machine Hours

A measure of production time, quantifying how many hours machines were operational in a given period.

Industrial Fiber

A category of fiber materials that are primarily used for their physical properties and performance in industrial applications rather than their aesthetic or comfort attributes.