To Convert a Frequency Distribution to a Relative Frequency Distribution,divide

question 77

True/False

To convert a frequency distribution to a relative frequency distribution,divide each class frequency by the sum of the class frequencies.

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Definitions:

Direct Materials

Raw materials that are directly traceable to the manufacturing of a specific product and included in the product cost.

Electricity

A form of energy resulting from the existence of charged particles, used as a power source.

Assembly Worker

An individual employed in the manufacturing sector whose primary role involves assembling components or products.

Mixed Costs

Expenses that have both a fixed and a variable component, changing with the level of production or sales activity but also including a constant element.