Consider a Situation in Which Both a Frequency Distribution and a Relative

question 85

True/False

Consider a situation in which both a frequency distribution and a relative frequency distribution have been developed for the same quantitative variable. If histograms are constructed from each distribution, the graphs will appear to have the same shape.

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Definitions:

Market Conditions

The state of the economy and the conditions of the business and consumer sectors that influence supply, demand, and pricing.

Equalized Workload Method

A market-based sales force sizing approach in which sales managers use sales-activity calculations to determine proper staffing levels.

Incremental Productivity Method

A technique for measuring the additional output produced as a result of an increase in a specific input, often used in evaluating employee or process efficiency.

Sales Territory

A designated geographic area or customer group for which a salesperson or team is responsible.