A Company Collected the Ages from a Random Sample of Its

question 90

Multiple Choice

A company collected the ages from a random sample of its middle managers,with the resulting frequency distribution shown below. $\begin{array} { lc } \text { Class Interval } & \text { Frequency } \\20 \text { to } < 25 & 8 \\25 \text { to } < 30 & 6 \\30 \text { to } < 35 & 5 \\35 \text { to } < 40 & 12 \\40 \text { to } < 45 & 15 \\45 \text { to } < 50 & 7\end{array}$
What is the midpoint of the third class interval?

• A)22.5
• B)27.5
• C)32.5
• D)37.5
• E)42.5

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Definitions:

Information Content Effect

The phenomenon where stock prices adjust in response to new information being released, reflecting its value or implications.

Dividend Policy

A company's strategy or guidelines dictated to decide how much it will pay out to shareholders in dividends.

Trading Range

The spread between the high and low prices of a security over a given period.

Highest Price

The maximum price at which a particular security, commodity, or asset has traded over a certain period of time.