What Do We Call the Midpoint of a Frequency Distribution

question 88

Multiple Choice

What do we call the midpoint of a frequency distribution?

• A)mode
• B)norm
• C)mean
• D)median

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Definitions:

Specialize

To focus on a particular area of expertise or production, often to increase efficiency or performance in that area.

Comparative Advantage

The principle that holds a party can produce some goods at a lower relative cost than another, promoting beneficial trade.

Other Goods

The term refers to any goods that are not directly under consideration but can still affect the market situation, such as substitute or complementary goods.

Increasing Opportunity

Increasing opportunity involves the growth or expansion of choices and avenues through which individuals or organizations can achieve desired goals or outcomes.