Exhibit 2-1 The Numbers of Hours Worked (Per Week) by 400 Statistics

question 46

Multiple Choice

Exhibit 2-1
The numbers of hours worked (per week) by 400 statistics students are shown below.
-Refer to Exhibit 2-1. The cumulative relative frequency for the class of 20 - 29

• A)is 300
• B)is 0.25
• C)is 0.75
• D)is 0.5

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Definitions:

Open-End Credit Line

A flexible loan facility that allows borrowers to draw down, repay, and redraw loans up to a specified credit limit.

Finance Charge

The total cost of borrowing, including interest and any other charges assessed by the creditor on a loan or credit.

Unpaid Balances

Amounts owed that have not yet been paid, typically referring to outstanding debts or bills.

Unsolicited Merchandise

Goods sent to a person without their request, where the recipient is typically under no obligation to pay for or return the items.