When Data Is Collected Using a Qualitative, Nominal Variable, I

question 49

Multiple Choice

When data is collected using a qualitative, nominal variable, i.e., male or female, what is true about a frequency distribution that summarizes the data?

• A) Upper and lower class limits must be calculated.
• B) Class midpoints can be computed.
• C) Number of classes corresponds to the number of a variable's values.
• D) The "2 to the k rule" can be applied.

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Definitions:

Euro

The official currency of nineteen of the twenty-seven European Union countries, known collectively as the Eurozone.

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The total amount of income generated by the sale of goods or services related to a company's primary operations.

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Costs associated with running the day-to-day operations of a business, such as rent, utilities, and payroll, but excluding costs related to production.

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.