As a General Rule,a Simple Frequency Distribution Should Have Between

question 23

Multiple Choice

As a general rule,a simple frequency distribution should have between

• A) 3 and 6 intervals.
• B) 5 and 10 intervals.
• C) 8 and 12 intervals.
• D) 5 and 20 intervals.

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Definitions:

Economic Output

The total value of all goods and services produced within an economy over a specific period.

Living Standards

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Specific Skills

Skills that are highly specialized and pertinent to a specific job or industry, enabling a worker to perform particular tasks efficiently.

Disequilibrium

A market condition where there is a mismatch between the quantity supplied and the quantity demanded, preventing market equilibrium.