A Bimodal Frequency Distribution Is One That _________

question 23

Multiple Choice

A bimodal frequency distribution is one that _________.

• A)is both positively and negatively skewed at the same time
• B)is normal in shape
• C)has two separate groups being graphed together
• D)is always made up of the two sexes

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Definitions:

High Fixed Costs

A financial situation where a company has a high proportion of fixed expenses, which do not vary with the level of production or sales.

High Marginal Costs

Situations where the cost to produce one additional unit is significantly high, often affecting pricing and profitability.

High Industry Growth

Refers to the rapid expansion of economic activity within a particular industry, typically measured by revenue, output, or sales increases.

Concentration of Buyers

Refers to a market situation where a small number of buyers control a large share of the market, potentially affecting pricing and competition.