Which of the Following Is the Correct Description of Frequency

question 124

Multiple Choice

Which of the following is the correct description of frequency?

• A)the number of observations that fall within a certain category or range of scores
• B)a measure of how spread out values are within a distribution
• C)a measure of the central point of a distribution
• D)the distance between the highest and lowest value in a distribution

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Definitions:

Dissolution

The process of formally closing or ending a business or legal entity.

Limited Partnership

A business structure where at least one partner has unlimited liability and at least one partner has liability only up to the amount they have invested.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another party, such as the duty a trustee has to beneficiaries.

Liability

Refers to the state of being legally responsible for something, such as a debt or obligation.