A CFO Is Looking at How Much of a Company's

question 54

Multiple Choice

A CFO is looking at how much of a company's resources are spent on computing.He samples companies in the pharmaceutical industry and develops the following stem-and-leaf graph. $\begin{array} { l l } 5 & 269 \\6 & 255568999 \\7 & 11224557789 \\8 & 001222458 \\9 & 02455679 \\10 & 1556 \\11 & 137 \\12 & \\13 & 255\end{array}$
What would be the first class interval for the frequency histogram?

• A)5.2-6.5
• B)5.2-6.0
• C)5.0-6.0
• D)5.2-6.6
• E)5.2-6.4

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Definitions:

Production Techniques

The methods and processes used by firms to produce goods or deliver services, including all aspects from initial design to final output.

Economic Loss

A situation where revenues from business activities are less than the expenses and costs associated with sustaining the business.

Price of Labor

The wage rate or compensation that employers pay workers in exchange for their labor or services.

Dollar Votes

The concept that consumers show their preferences for products and services by how they spend their money.