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The First Three Class Marks for a Frequency Distribution of "Weights

question 117

Essay

The first three class marks for a frequency distribution of "weights of college men" recorded to the nearest pound are 105, 115, and 125.
What is the upper limit for the third class?


Definitions:

Consignor

The manufacturer in a consigned inventory arrangement.

Consignment

A business arrangement where goods are left in the possession of another party to sell, but the owner retains ownership until the goods are sold.

Days' Sales

Refers to the ratio that indicates how many days worth of sales a company has in inventory, providing insight into inventory management efficiency.

Inventory

An accounting term for goods and materials that a business holds for the ultimate goal of resale or repair.

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