Frequency Distributions May Be Used to Describe Which of the Following

question 120

Multiple Choice

Frequency distributions may be used to describe which of the following types of data?

• A) Nominal and ordinal data only
• B) Nominal and interval data only
• C) Nominal, ordinal, and interval data only
• D) Nominal, ordinal, interval, and ratio data

---

Definitions:

Investment Grade

A rating that signifies a municipal or corporate bond presents a relatively low risk of default.

Highest Rating

The top tier or grade assigned by rating agencies to entities or securities, indicating the lowest risk of default.

Bid Price

The highest price a buyer is willing to pay for an asset in the financial markets.

Dealer

An individual or firm in the financial markets that stands ready to buy or sell securities for their own account, at their own risk.