A Graphical Portrayal of a Quantitative Data Set That Divides

question 89

Multiple Choice

A graphical portrayal of a quantitative data set that divides the data into classes and gives the frequency of each class is a(n) ___________.

• A)Ogive plot
• B)Dot plot
• C)Histogram
• D)Pareto chart
• E)Bar chart

---

Definitions:

Title of the Case

The formal designation of a legal case, usually mentioning the parties involved, used in legal documents and proceedings.

Oligopoly Model

An economic model that describes a market structure where a market or industry is dominated by a small number of large sellers, leading to limited competition.

Competitive Model

A market structure where many firms compete with similar or identical products and no single firm can influence market prices significantly.

Cournot

Refers to a model of oligopoly in which firms compete on the amount of output they will produce, affecting market prices.