To Convert a Frequency Distribution to a Relative Frequency Distribution,divide

question 77

True/False

To convert a frequency distribution to a relative frequency distribution,divide each class frequency by the sum of the class frequencies.

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Definitions:

Chattel Mortgages

A loan agreement where personal movable property (chattel) is used as security for the loan, allowing the lender to take possession if the borrower defaults.

Debt Transactions

Financial operations involving the borrowing and lending of funds, where repayment is required, often with interest.

Conventional

Pertaining to widely accepted standards or methods.

Use

The act of employing something for a particular purpose.