When Constructing a Frequency Distribution for Quantitative Data,it Is Important

question 95

Multiple Choice

When constructing a frequency distribution for quantitative data,it is important to remember that ____________.

• A)Classes are mutually exclusive
• B)Classes are collectively exhaustive
• C)The total number of classes usually ranges from 5 to 20
• D)All of the above

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Definitions:

Dividends

Payments made to shareholders out of a corporation's profits as a return on their investment.

Consolidated Net Income

The total profit of a parent company and its subsidiaries after taxes and interest, reflecting the group's overall financial performance.

Initial Value Method

A financial accounting approach for investments where the investment is recorded at its acquisition cost without subsequent adjustment for changes in market value.

Consolidated Balance Sheet

A financial statement that summarizes the assets, liabilities, and shareholders' equity of a parent and its subsidiaries as one single entity.