Consider the Following Frequency Distribution What Is the Relative Frequency of the Second Class Interval

question 99

Multiple Choice

Consider the following frequency distribution: $$\begin{array} { l c } \text { Class Interval } & \text { Frequency } \\100 \text {-under } 200 & 25 \\200 \text {-under } 300 & 45 \\300 \text {-under } 400 & 30\end{array}$$
What is the relative frequency of the second class interval?

• A)0.45
• B)0.70
• C)0.30
• D)0.33
• E)0.50

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Definitions:

Quantity Supplied

The quantity of a product or service that suppliers are ready and can offer for sale at a particular price during a defined timeframe.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price, in a given time period.

Coffee

A brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffea plant.

Price Decreases

Refers to a reduction in the price of goods or services, often due to supply and demand factors.