Exhibit 2-9

question 90

Multiple Choice

Exhibit 2-9.An analyst constructed the following frequency distribution on the monthly returns for 50 selected stocks: Refer to Exhibit 2-9.The number of stocks with returns of less than 10% is _____.

• A)8
• B)25
• C)33
• D)48

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Definitions:

Lawrence Welk

An American musician, accordionist, bandleader, and television impresario, known for hosting "The Lawrence Welk Show."

North Dakota Well Water

Water obtained from wells in North Dakota, which can be used for drinking, irrigation, or other purposes.

Gallons

A unit of volume used primarily in the United States for measuring liquids, equivalent to 3.785 liters.

Market Segmentation

The process of dividing a target market into smaller, clearly identified segments based on characteristics like needs, interests, or behavior.