For What Type of Data Are Frequencies the Only Calculations

question 9

Multiple Choice

For what type of data are frequencies the only calculations that can be done?

• A)Interval data
• B)Nominal data
• C)Ordinal data
• D)None of these choices.

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Definitions:

Attorney Fees

Payments made to lawyers for legal services rendered.

Graded

A term typically used in education to describe the evaluation of work or performance by assigning a level, score, or category.

Straight-Line Method

A depreciation method that allocates an equal portion of the initial cost of an asset to each accounting period over the asset's useful life.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life, considered in depreciation calculations.