Instruction 2-9
the Frequency Distribution Below Represents the Rents of 250

question 108

Short Answer

Instruction 2-9
The frequency distribution below represents the rents of 250 randomly selected federally subsidised apartments in Sydney.
$$\begin{array} { c c } \text { Rent in } \$ & \text { Frequency } \\\hline \hline 300 \text { but less than } 400 & 113 \\400 \text { but less than } 500 & 85 \\500 \text { but less than } 600 & 32 \\600 \text { but less than } 700 & 16 \\700 \text { but less than } 800 & 4\end{array}$$
-Referring to Instruction 2-9,________ percent of the apartments rented for no less than $600.

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Definitions:

Demand Forecasting

Demand forecasting is the process of estimating the future demand for goods or services based on historical sales data, market analysis, and other factors.

Human Capital

The abilities, understanding, and expertise held by a person or a group, considered in relation to their worth or expense to a company.

Forecasting Tools

Instruments or software used to predict future trends or outcomes based on current data.

Human Capital Requirements

The necessary skills, knowledge, and abilities that employees must possess to fulfill the roles and responsibilities within an organization.