A _____ Is Made by Breaking Down the Entire Range

question 33

Multiple Choice

A _____ is made by breaking down the entire range of possible scores into classes of equal size and then recording the number of scores falling into each class.

• A)scatter diagram
• B)variability plot
• C)correlational matrix
• D)frequency distribution

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Definitions:

Original Cost

The initial monetary value of an asset or investment at the time of its acquisition.

Marginal Tax Rate

The rate at which the next dollar of income will be taxed. Generally the taxpayer’s bracket rate.

Depreciation

The reduction in value of an asset over time, due in particular to wear and tear.

Labor Cost

Labor cost refers to the total expenditure incurred by an employer to compensate its employees, including wages, benefits, and taxes.