Instruction 3-7
Given Below Is the Frequency Distribution of the 12-Month

question 99

Short Answer

Instruction 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
$$\begin{array} { | c | c | } \hline \text { 12-month Rate of Return } & \text { Number of Funds } \\\hline - 0.10 \text { but less than } 0.0 & 3 \\\hline 0.0 \text { but less than } 0.1 & 5 \\\hline 0.1 \text { but less than } 0.2 & 6 \\\hline 0.2 \text { but less than } 0.3 & 10 \\\hline 0.3 \text { but less than } 0.4 & 6 \\\hline\end{array}$$
-Referring to Instruction 3-7,what is the approximate standard deviation?

Apply scientific notation for representation and calculation involving very large or very small numbers.

Calculate the sum and difference of polynomials accurately.

Understand and utilize the concept of zero exponent and the simplification of expressions accordingly.

Understand the tax advantages of different forms of business and investment income.

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Definitions:

Average Variable Cost

The total variable cost divided by the quantity of output, representing the variable cost per unit of output.

Marginal Product

The additional output resulting from using one more unit of a particular input, holding all other inputs constant.

Marginal Cost

The incremental cost associated with producing an extra unit of a product or service.

Average Total Cost

The total cost of production divided by the number of units produced, representing the cost per unit of output.