Refer to the Following Distribution of Commissions: for the Distribution

question 93

Multiple Choice

Refer to the following distribution of commissions: For the distribution above, what is the midpoint of the class with the greatest frequency?

• A) 1400
• B) 1500
• C) 1700
• D) The midpoint cannot be determined.

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Definitions:

Coefficient of Correlation

A numerical indicator that determines the intensity and orientation of a linear connection between two factors.

Linear Relationship

A relationship between two variables where a change in one variable is associated with a proportional change in the other variable.

Correlation Coefficient

A statistical metric that determines the strength of the connection between the relative changes of two variables.

Correlation Coefficient

A statistical indicator that measures the intensity of the link between the relative fluctuations of two variables.