A Student Was Interested in the Cigarette Smoking Habits of College

question 30

Multiple Choice

A student was interested in the cigarette smoking habits of college students and collected data from an unbiased random sample of students. The data is summarized in the following table: Why is the table NOT a frequency distribution?

• A) The number of males does not equal the sum of males that smoke and do not smoke.
• B) The classes are not mutually exclusive.
• C) There are too many classes.
• D) Class limits cannot be computeD.

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Definitions:

Average Operating Assets

The average value of the assets used in the normal operations of a business, calculated over a specific period.

Market Price

The current value at which an asset or service can be bought or sold in the marketplace.

Preferred Dividends

The dividends that are allocated and paid to preferred shareholders before any dividends can be distributed to common shareholders.

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but instead reinvested in the company or kept as reserve.