THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 62

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The time (in hours)that a sample of 20 students studied for a statistics test are shown below

-Construct a cumulative frequency,cumulative relative frequency and cumulative percent distributions of the data.

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Definitions:

Probability

The quantification of the probability that an event will take place.

Six-Sided Die

A cube-shaped object with each of its six faces marked with a different number of dots from one to six, typically used in games of chance.

Exposure To Risk

Exposure to risk refers to the potential for loss or adverse outcomes faced by individuals or entities, stemming from various sources such as financial transactions, natural disasters, or security threats.

Risk-Averse

A characteristic of individuals preferring outcomes with certain, lower returns compared to outcomes with uncertain, potentially higher returns.