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A data set consists of 40 observations. For a quantitative variable, how many classes would you recommend for the frequency distribution?
Cash Disbursements
The outflow of cash for expenses or investments, typically detailed in a financial planning or accounting report.
Goods Purchased
Items bought by a company for resale or use in production, contributing to inventory.
Variable Selling Expenses
Costs that fluctuate in direct proportion to changes in sales volume, such as commissions and shipping charges.
Administrative Expenses
Costs related to the general operation of a business, such as salaries of executive personnel, accounting, and human resources.
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