A Small Sample of Computer Operators Shows Monthly Incomes of $1,950,$1,775,$2,060,$1,840,$1,795,$1,890,$1,925,and

question 15

Multiple Choice

A small sample of computer operators shows monthly incomes of $1,950,$1,775,$2,060,$1,840,$1,795,$1,890,$1,925,and $1,810. What are these ungrouped numbers called?

• A)Histograms
• B)Class limits
• C)Class frequencies
• D)Raw data

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Definitions:

Capital Budgeting

The process used by companies to evaluate and prioritize major investments or projects based on their potential to generate returns over time.

Cannibalization

The situation where a new product eats into the sales of one of the company's existing products, potentially reducing overall sales.

Net Present Value (NPV)

A valuation method used to assess the profitability of an investment by calculating the present value of expected future cash flows minus the initial investment cost.

Externality

A consequence of an industrial or commercial activity that affects other parties without this being reflected in market prices, often considered as either positive or negative.