The Following Data Represent the Recent Sales Price (In $1,000s)

question 122

Multiple Choice

The following data represent the recent sales price (in $1,000s) of 24 homes in a Midwestern city. (See the Excel Data File.) Suppose the data are grouped into five classes, and one of them will be "165 up to 190"-that is, {x; 165 ≤ x < 190}. The frequency of this class is ________.

• A) 6/24
• B) 7/24
• C) 6
• D) 7

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Definitions:

Boundaryless Organizations

Companies that remove traditional barriers between departments as well as barriers between the organization and the external environment.

Internal Boundaries

Guidelines and distinctions set within an organization to delineate responsibilities, roles, and departments.

External Environment

External factors, forces, situations, and events outside the organization that can affect its performance and strategies.

Bureaucracy

A rational and efficient form of organization founded on logic, order, and legitimate authority.