When Constructing a Frequency Distribution, Classes Should Be Selected in Such

question 95

True/False

When constructing a frequency distribution, classes should be selected in such a way that they are of equal width.

---

Definitions:

Economic Theory

A collection of theories and frameworks that describe the workings of economies and the interactions between economic participants.

Communications

The act or process of exchanging information and ideas through various mediums and platforms.

Transaction Costs

Expenses incurred when buying or selling goods and services, encompassing fees, taxes, and other costs.

Middlemen

People who buy and sell goods or services or arrange trades. A middleman reduces transaction costs.