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Instruction 2-5
The following are the durations in minutes of a sample of long-distance phone calls made within Australia reported by one long-distance carrier.
-Referring to Instruction 2-5,what is the cumulative relative frequency for the percentage of calls that lasted under 20 minutes?
Business Activity
Any action that is engaged in for the primary purpose of making a profit, including operations, marketing, and production.
Planning
The process of outlining business objectives, strategies, and actions to achieve those objectives.
Treasury Bonds
Long-term government securities issued with the promise of payment upon maturity with a fixed interest rate.
Return
The income generated from an investment or the gain from an asset relative to the investment's or asset's cost.
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