For the Following Distribution of Heights,what Are the Limits for the Class

question 17

Multiple Choice

For the following distribution of heights,what are the limits for the class with the greatest frequency?

• A)64 and up to 70
• B)65 and 69
• C)65 and up to 70
• D)69.5 and 74.5

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Definitions:

Monte Carlo Sampling

A statistical technique that utilizes random sampling and probability to solve problems that might be deterministic in principle.

Latin Hypercube Sampling

A statistical method used in simulations that stratifies the sample space to ensure a more comprehensive exploration of variables across their entire range of values.

Assumption's Probability Distribution

The theoretical distribution of probabilities assigned to all possible values of a variable based on certain assumptions.

NPV

Net Present Value; a financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows.