In a Grouped Frequency Distribution Table,the Top Value in Each

question 21

True/False

In a grouped frequency distribution table,the top value in each class interval should be a multiple of the interval width.​

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Definitions:

Saving

The process of setting aside a portion of current income for future use, or the funds that have been set aside for such purposes.

Disposable Income

Financial holdings households can direct towards spending and saving activities after tax deductions.

Consumption

The act of using up goods and services to satisfy human needs and wants, considered a principal component of GDP.

Durable Goods

Goods that are intended to last for a long period of time, such as cars, appliances, and furniture, typically requiring more significant investment than non-durable goods.