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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An investment advisor recently reviewed the account activity of a sample of 10 of his clients and calculated the average number of stock trades per month over the past year for each client.He obtained the following data values: 10.2,2.5,11.4,3.2,1.1,3.4,8.4,9.7,11.2,and 2.4.
-Construct a relative frequency and percent distributions of the data.
Stock Investments
Investments made by purchasing shares of companies in the hope of earning dividends or selling the shares at a higher price.
Insignificant Influence
A situation where an investor does not have the power to participate in the financial and operating policy decisions of another entity.
Credit Sale
A transaction where goods or services are provided to a customer with an agreement to pay later, often within a specified timeframe.
Translated
In finance, "translated" often refers to converting financial statements or amounts from one currency into another to facilitate comparison or consolidation.
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